Portfolio International, March 2005

The first outsourcing solution for private banks aims to cut costs and transform client servicing. But is Europe ready for the revolution? At first, it does not sound so radical. Technology supporting client relationship management, investment modelling, accounting, portfolio administration and reporting is hardly new. Neither is the outsourcing of accounting, administration, custody and other back and middle-office functions. But what if this is part of a single, straight-through processing solution provided by one company?

 

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