Goldman Sachs remains the top pick for hedge funds and investment firms as their main prime broker, with 27% of respondents, followed by Morgan Stanley (17%) and J.P. Morgan (8%). The data are from Eze Castle Integration's annual global hedge fund technology benchmark study for 2014; there were 194 responses.
The firm noted that the top-five ranking of prime brokers has remained unchanged in the past four years.
The firm noted the 'other' category included Bank of America, Bank of America Merrill Lynch, BTIG, Citi, Merlin, Pershing, TD Ameritrade and Wells Fargo.