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Institutional Investor (January 11)

2021/ 02/ 12 by jd in Global News

“Less than 10 percent of institutional investors currently outsource their trading desks,” but a recent survey suggests they are starting to warm to the once ‘unthinkable’ practice. “Out of the 84 traders polled, 32 percent called outsourced trading desks a ‘good solution’ for managing flow and achieving the best execution, up from 20 percent in last year’s survey.”

 

Financial Times (July 22)

2020/ 07/ 24 by jd in Global News

“As their booming share prices testify, technology groups have been brimming over with new business during the pandemic. For banks, there has been a special tech awakening…. After years of foot-dragging, many have been abandoning their cautious approach to cloud-based services and signing up with gusto to outsource their storage of data and other activities that demand high-intensity computing power.”

 

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