Fidelity Investments Adopts New Record-Keeping System In Europe And Asia

TECHNOLOGY STRATEGIES

FIDELITY Investments' new record-keeping and administration system went live last month aimed at improving customer service for institutional and individual investors in Europe and Asia, which account for $27 billion of Fidelity's $450 billion in assets under management.

Completion of the four-year, $26 million project comes at a time when European governments are considering turning over their multi-trillion dollar public pension funds to private fund managers like Fidelity.

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