Funds driving brokers for more sophisticated services
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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