Cutter Associates Names Tom Phipps Managing Director

Boston, MA USA – Cutter Associates is pleased to announce that Tom Phipps has joined the firm as a Managing Director. According to Cutter’s President Mark Bobseine, "In addition to playing a key role on our management team, Mr. Phipps will be providing expert consulting to the investment management industry, focusing on engagements that range in scope from front to back office investment operations automation, business process reengineering, technology assessments and vendor selections".

Mr. Phipps has 22 years of experience in the investment management industry with background in portfolio management systems, automation of investment operations and technology integration. His expertise in operations and technology consulting is strengthened by his leadership experience in asset management software firms as well as his CIO roles in two investment management firms.

"Over the past decade Cutter Associates has grown to become a recognized leader in providing expert asset management consulting based on leading industry research," states Mr. Phipps. "CutterConsulting is well positioned to provide expert advice and perspectives based on a foundation of CutterResearch". The Cutter consortia of members now number over 130 investment management firms, with combined assets in excess of $17 trillion. In addition, Cutter Associates recently launched CutterBenchmarking, an investment management capabilities-focused benchmark service.

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