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Marcel R. Zutter

MARCEL R. ZUTTER, born in 1961 in Basel/ Switzerland, has more than 30 years of international experience in financial services and technology. He is the Founder and Chairman of Parsumo Capital in Zurich, a quant asset management company leveraging investor behavior research. He is also an Angel Investor in the ICT and Fintech area and supports young entrepreneurs in Europe.

Mr. Zutter has worked in the institutional services business in Europe, Asia and the U.S in executive as well as board capacity. He also advised for many years some of the most sophisticated institutional investors across the globe on strategic, technology, asset and risk management topics. Already early in his career he developed a keen interest in understanding how technology can help change business models profoundly. It started at university with the development of a new approach to market research for innovative products and has never stopped to fascinate him.

Prior to founding Parsumo Capital in 2010 he was executive vice president/chief operating officer of State Street Global Markets in Boston and a Member of Executive Management. He had responsibility for strategy development, Fintech business, technology and operations. He led many of State Street’s initiatives to become a global market leader in new, alternative business platforms, thereby using technology, algorithms and processes in smart ways. He was also a key part of State Street Associates, an investment research think tank collaborating with academics from Harvard and MIT which combined unique information with big data processing/analysis

His previous role included responsibility for State Street’s Executive Operations and Strategy Group. During that time he lead key projects that helped to further advance State Street’s global expansion and positioning. Prior to this he was a managing director based in Zurich, Switzerland, responsible for the business build-up in Southern and Eastern Europe.

Prior to joining State Street in 1997, Mr. Zutter was a managing director at Credit Suisse Group. He held various management positions in asset management and securities brokerage over his 10 years there. He also worked as a research analyst for Baring Securities in Hong Kong and Singapore. Prior to his career in the financial services industry he was a consultant for Prognos AG in Basle, specializing in market analysis and strategy development for innovative products/new technologies, supporting major multinational organizations.

Upon his return to Switzerland in 2010 he founded Parsumo Capital and Axopa Partners, a global initiative to create a conflict-free trading platform for buy-side institutions only.

Marcel R. Zutter holds a Master’s Degree in Business and Economics from Basle University, Switzerland. He is a graduate of the International Bankers School in New York and the Swiss Banking School in Zurich and also completed the Advanced Management Program of Harvard Business School in Boston

He is married and the proud father of three children. He enjoys various sports, music and is curiously learning every day.