3 Issues Facing Prime Brokers
The following post first appeared on PrimeBrokerageGuide.com, the #1 website on prime brokerage.
Just found a great article on the prime brokerage business and what challenges they face right now. The article suggests that there are three key issues facing prime brokers right now and provides some advice on how to face those challenges. Below is a short excerpt from this article and link to the full text.
As historic flows of hedge fund redemptions draw worldwide attention, prime brokerages face stiff competition for assets under management. Accenture believes that in order to adapt to the current downturn and position for high performance when the market rebounds, prime brokerages face three key imperatives.Learn more about Prime Brokerage.
- Strengthen Core Business Capabilities
- Build A Client Centric Organization
- Focus on Operational Efficiency