Tag: hedge funds
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.
Global custodians are increasingly seeking to evolve their business models, which have traditionally centred on the back-office, to include front-office services.
Deutsche Bank revealed its significant business transformation and restructuring plans, including a targeted reduction in adjusted costs of around €6 billion by 2022.
As traditional fund administration services become commoditised it is no longer an accurate comparison factor between providers, according to new research.
The investment bank has seen increased profits from the business following a programme of optimising and rationalising its prime brokerage balance sheet.