Cuttone & Company, an execution services and prime brokerage solutions provider, has launched Cuttone Global Prime Solutions (GPS), a front-to-back office solution for hedge fund managers.
Cuttone GPS combines a complete support infrastructure for hedge fund administration, with an equities and options trading team. According to Cuttone, the solution enables hedge fund managers to focus more on managing their portfolio of investments and combines high- and low-touch trade execution with direct access to point of sale liquidity on the New York Stock Exchange.
This service also provides advanced trading tools to manage complex order flow across all US markets and 58 international equities and equity derivatives markets.
“Hedge fund managers are now more than ever in need of an independent, low-risk prime brokerage solution that provides a service-oriented support structure to reduce the increasing administrative burdens of managing money,” said Fredrick Scuteri, senior vice president and head, prime brokerage services, Cuttone & Company. “Cuttone GPS reinforces our commitment to provide the highest level of service and trading expertise to our existing clients while extending those services to new clients.”