Outsourcing: a strategic imperative

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The drive by buy-side firms to reduce fixed operating costs and increase operational efficiencies through outsourcing business processes is not new. But the trend is gaining impetus as margins shrink and technology budgets are pinched. State Street's Thomas McCrossan says partnering with an operations specialist is the most effective way of enhancing productivity and curtailing costs

Achieving growth today presents huge challenges for asset managers whose environments have never been more co

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