May 21, 2014

Cutter Associates, LLC, the leading provider of operations and technology expertise to the investment management industry, today announced that Tom Sitter has joined the firm as Manager of Business Development and Client Relations for EMEA.

Over the last few years, Cutter Associates has seen growth in its EMEA member base and in attendance at its twice yearly CutterResearch meetings in London. Tom’s hiring demonstrates Cutter’s commitment to serving the needs of its EMEA clients. Tom has more than 13 years of experience working in relationship management and business development roles in the global investment software business, and he has spent the last 10 years based in London, serving clients across Europe.

As Tom Seeman, CEO of Cutter Associates noted, “Asset Management firms across the globe are under increasing pressures from multiple sources, both internal and external. Cross-border activity as well as changing market conditions, regulations, and client requirements are just some of the many impacts firms are now having to juggle. Tom brings a deep knowledge of these client concerns and he will be instrumental in helping our clients manage them.”

Tom joins Cutter Associates from Viteos Fund Services, where he was Business Development Manager.

“I’m looking forward to continuing to build Cutter Associates’ strong relationships with their EMEA-based clients—listening to their challenges and helping them not just keep up with the competition, but to get ahead and stay ahead.”

Tom will lead the initiative for servicing current EMEA clients and growing new business, reporting to Tom Nichols. He will be based in the Cutter Associates London office.

About Cutter Associates, LLC

Cutter Associates, LLC provides truly independent investment process expertise for the investment management community. Through three interrelated services, Cutter Associates provides investment management firms the knowledge and tools to ensure that their business technologies and processes are competitive. CutterResearch offers member firms detailed, actionable research to reduce risk, lower costs and keep up-to-date on systems and operational processes. CutterBenchmarking provides bespoke reports measuring firms’ investment processes by capabilities, risk and effectiveness through comparisons based on tried and tested capability models. CutterConsulting partners with firms to evaluate, select, and implement systems and to develop leading technology and operational strategies. Cutter Associates, headquartered in Rockland, MA, has subsidiaries in Canada and the UK.

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