What do you see as the key challenges currently facing prime brokers?
The key challenges that prime brokers are currently faced with include:
Lack of transparency. The prime brokerage industry is laced with complex pricing and services. This confuses the client, as it is not clear upfront exactly what is on offer and how much it will cost.
Competitors offering services with long-term tie-ins, such as use of office space or information technology infrastructure. This means the client may not alw