November 15, 2018
Cutter Associates, LLC, the global leader in investment operations consulting and research, has formally announced the acquisition of MyPrivateBanking, a Zurich-based, global wealth management research firm. The MyPrivateBanking research and content library, which provides customized reports and deep benchmarking of trends within the wealth management industry, will be absorbed into Cutter Associates’ wealth management research and insights offering Cutter Wealth.
The wealth management industry, as across most of the financial services landscape, is changing significantly through innovation and other market forces. Due to new global regulation, the rise of fintech, the generational wealth transfer, digital disruption, and ongoing risks like cybersecurity, the landscape has become more complicated to navigate. Wealth managers are looking for clear research, analysis, benchmarking and insights that help them navigate these rapid changes and implement the right technology to exceed their customers’ expectations.
Cutter Associates launched Cutter Wealth earlier this year to help wealth management firms make smart decisions on their technology and operations models by providing research and consulting services. The acquisition of MyPrivateBanking will further enhance Cutter Wealth’s capabilities and library of research and benchmarking. Cutter will also be integrating the full MyPrivateBanking global analyst team.
The Cutter Wealth team is led by Gina McCafferty, who has over 30 years of experience in financial services software, having had prior roles at SS&C Technologies and FIS.
In addition to research, Cutter Wealth offers exclusive events to allow its customers to connect with industry peers, share best practices, and engage with industry vendors and leading research analysts.
Cutter Wealth has gathered its clients, vendor partners and analysts in New York on November 15th to discuss best practices and future trends.
“Cutter Associates has always focused on providing deep-dive research on technological and operational issues for the buy-side. The launch of Cutter Wealth is a natural extension of our current business and provides full end-to-end analysis to help wealth management organizations navigate the digital age,” says James Bridgers, Cutter’s CEO. “With the addition of MyPrivateBanking to our platform, we are excited to provide our customers expansive, global research and insights to help them make future-focused business decisions.”
Cutter Associates, founded in 1998, provides investment operations research and consulting services to the world’s largest asset managers, insurance companies, pensions, endowments, and asset servicers. The firm has long been recognized as the leader in providing independent research on investment systems and services, with a client base of over 220 firms around the globe.
About Cutter Associates, LLC
Cutter Associates, LLC serves the operational and technology needs of the global asset management industry, providing clients the tools and services they need to be successful. By leveraging multi-faceted expertise and an unrivaled knowledgebase, Cutter Associates provides clients truly independent research, exclusive member-only events, custom operations benchmarking, and a global consultancy for strategic advice on and delivery of operational and technology excellence. Cutter Associates works with the world’s leading asset managers, providers and servicers. Headquartered in Hingham, MA, Cutter Associates has subsidiaries in Canada and the UK, and is on the web at www.cutterassociates.com.
CutterResearch content is the proprietary property of Cutter Associates and our members who have entered into confidentiality agreements. It contains information that is proprietary and confidential to Cutter as well as to the vendors discussed within the reports (the "Vendors"). Disclosure of the information contained in the reports could cause irreparable harm to Cutter and/or the Vendors.
By selecting "I Agree" below, you agree to safeguard this information with the same care as your firm affords its own confidential information. You will not provide access to this information to anyone who is not an employee of your firm and will not distribute this information outside your firm. Furthermore, you will not provide access to this information to any employee of any subsidiary, unit, department or division of your firm that is engaged in any aspect of the software business involving third parties, including, without limitation, selling or otherwise providing software to third parties, assisting third parties in the selection or implementation of software, or providing investment related software information to third parties (collectively, the "Prohibited Recipients").