Prime brokers

Newedge, a global leader in multi-asset brokerage and clearing, announced today three senior appointments in the Alternative Investment Solutions (AIS) division of its Prime Clearing Services (PCS) team. 

The Syncova OPTIMA Platform, with RiskMetrics Web Services, Delivers Best-of-Breed Integrated, Intraday Solution for Risk Based Margin Management for Hedge Funds and Prime Brokers

RiskMetrics Group, a leading provider of risk management and corporate governance services to the global financial community is to partner with Syncova, the leading independent margin management services provider, to deliver a fully integrated solution for risk based margin management via the best-of-breed OPTIMA platform for Hedge Funds and Prime Brokers.

Prime services providers are entering a growth phase in which the main goal is to increase sales and become the provider of choice.

A new report from Aite Group, LLC looks at the prime services business. Based on Aite Group interviews with more than 15 prime services providers, the report sheds light on how these firms view their business, and profiles seven leading prime service providers.

Options IT, a global provider of high-performance technology infrastructure to hedge funds and brokerages and pioneer of the Infrastructure-as-a-Service (IaaS) technology management model, today announced it has purchased the hosted colocation (hedge fund outsource technology) business from the prime brokerage division of BNP Paribas.

Sophis, a leading provider of cross-asset, front-to-back portfolio and risk management solutions and J.P. Morgan’s Prime Brokerage business, today introduced iSophis, a sophisticated new technology that will allow hedge funds to comprehensively manage their portfolios across multiple prime brokers.