June 19, 2017

Cutter Associates, LLC (Cutter Associates), a leading provider of operations and technology research and expertise to the investment management industry, and one of the group companies of Nomura Research Institute, Ltd. (NRI), is pleased to announce the appointment of James Bridgers as CEO effective June 16, 2017.

James most recently served as Co-CEO of Cutter Associates, having joined the firm in January 2017. James held prior roles with Partners in Performance, McKinsey & Company, and Tandon Capital Associates.

As previously announced, Tom Seeman, the firm's prior CEO, recently stepped down from the role following a transition period.

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, owners, and servicers. Headquartered in Hingham, MA, Cutter Associates has subsidiaries in Canada and the UK, and is on the web at www.cutterassociates.com

Whether developing operational strategies that drive meaningful value, or evaluating, selecting, and implementing systems, Cutter is here to help.