Funds driving brokers for more sophisticated services

WatersTechnology Staff
01 Jul 2006

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Prime brokers report more intense efforts to develop IT services and support offerings to attract additional hedge fund clients, and are frequently forced to turn to third-party software developers and outsourcers to satisfy these demands. By Stewart Eisenhart

A new study by financial IT consultancy Celent Communications, 2006 Global Prime Brokerage Technology Survey, finds that as traditional sell-side revenues continue their decline, brokers seeking to expand their footprints in the global

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