Prime broker landscape set for a shake up
SPECIAL REPORT: CELENT COMMUNICATIONS
Prime brokers have in the past made a killing by providing technology to their hedge fund clients in order for them to operate. But a recent Celent Communications report suggests that prime brokers are going to have to work a lot harder for their fees than merely spinning off their technology. By Stewart Eisenhart.
Prime brokers are increasingly hard-pressed to provide more services to hedge funds as fund administrators, third-party software developers and alternative trading networks encroach
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