The platform could serve as a significant boost to State Street’s position as an alternative to the bulge-bracket prime brokers in the securities lending market.
Tag: hedge funds
One of Morgan Stanley's most senior prime brokerage executives will retire at the end of 2019 having led the division since 2009.
Capital introduction teams have downsized significantly over the years as banks look to shift resources to more revenue-driving services.
The relatively consistent scores signals how hedge fund administrators are still focused on their core service provision.
Prime brokers are now stepping up their due diligence of hedge funds, becoming more forensic when looking to bring a hedge fund onto their balance sheet.
The British bank has firmly established itself in the middle ranks of the industry prime brokerage league table.
The new division is the latest in a string of restructuring moves in recent months as Citi looks to streamline its businesses.
The combined front-to-back platform been adopted by a range of SS&C's hedge fund clients looking to optimise operational efficiency.
Fillmore Advisors will become part of the recently-established prime brokerage division at INTL FCStone, as it looks to expand on outsourced trading for hedge funds.