Global Prime selects netConsult for IT services 12 November 2013New York Reporter: Daniel Jackson
Image: Shutterstock
Prime brokerage and trading services provider Global Prime Partners (GPP) has transferred its back office and account administration tasks and reporting to netConsult.
The IT consultation company will take on responsibility for GPP's back office account management and support infrastructure.
Kevin LoPrimo, managing director and head of hedge fund services at GPP, said: “Technology is a key factor in dictating a firm’s growth potential and operational strength and we were impressed by the innovative technology solutions and security offered by netConsult.”
The announcement is the latest indication that GPP is reassessing its business practices. The company recently partnered with BNY Mellon, which will provide them with clearing and custody services.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities Finance Times
Image: Shutterstock 