Global Prime selects netConsult for IT services
12 November 2013 New York
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: 鈥淭echnology is a key factor in dictating a firm鈥檚 growth potential and operational strength and we were impressed by the innovative technology solutions and security offered by netConsult.鈥�
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.
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: 鈥淭echnology is a key factor in dictating a firm鈥檚 growth potential and operational strength and we were impressed by the innovative technology solutions and security offered by netConsult.鈥�
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.
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