•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Sudhanshu Bahadur This paper was authored by Sudhanshu Bahadur, Valcony Sun, and Vishal Bakshi of Sapient Global Markets. You can download the full paper here.

In response to the financial crisis, financial markets across the world are transforming themselves. One of the most significant changes happening today is in the Prime Broker/Fund Manager relationship —a world in which Prime Brokers (PBs) provide a variety of services to Fund Managers. The Fund Manager’s alpha generation bottom-line and the Prime Broker’s services-based business model were both impacted by the turmoil in the financial markets, prompting a restructuring of the industry and a transformation of the industry’s operating model.

In this article, Sudhanshu Bahadur, Vishal Bakshi and Valcony Sun explore the changing business model of Fund Managers and Prime Brokers and the emergence of the multi-prime broker. They also analyze the nature of the challenges these firms face and suggest a transformation path for the next generation of Prime Brokers.

EVOLVING THE PRIME BROKERAGE BUSINESS MODEL

Prime Brokerage was once described as the largest but least noticed banking system in the world. It is the gateway between Fund Managers and the marketplace. The proliferation of Fund Managers in the last two decades of the 20th......................

To view our full article Click here