Deutsche Bank’s Equity Prime Services division announced that it has formed a strategic alliance with Eze Castle Integration to provide technology consulting and IT support to its hedge fund clients. Under the agreement, Deutsche Bank clients will receive dedicated servicing from a team of Eze Castle Integration engineers and managers.
“This alliance adds another prime service that we offer to our clients and further differentiates Deutsche Bank Equity Prime Services,” said Jon Hitchon, Co-Head of Equity Prime Services for Deutsche Bank. “Eze Castle Integration is a leading specialist in serving the technology needs of hedge funds, giving our clients access to best-of-breed technology solutions.”
John R. Cahaly, President and CEO of Eze Castle Integration, said, “As a result of this collaborative relationship, we will deliver Deutsche Bank’s clients tailored solutions, quicker completion and, as a result, lower overall fees.” Mr. Cahaly continued, “We will be dedicating a team to work with Deutsche Bank to more effectively and efficiently serve their Equity Prime Services clients. While we will continue to work with other prime brokers, we believe this partnership structure will become a model in the hedge fund industry.”