Kurt Woetzel Executive Vice President/CIO Bank of New York

2000/2001 Survey

What changes did technology bring to the investment management business in 2000? Were there any major developments?

Rapid changes in the technology and the business landscape caused many investment managers to rethink their priorities from both a technological and business perspective. In 2000, outsourcing middle- and back-office functions were at the top of the list of alternatives in dealing with the rapid change. This alternative gave them the ability to put their intellectual and

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