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Japan's Firms More Likely To Consider Third Parties As Competition Heats Up

MANAGEMENT & STRATEGY

As Japanese financial and banking markets open up to foreign competition, Japanese banks and securities firms are more willing to invest in off-the-shelf, state-of-the-art trading and risk management systems, say attendees of the ninth annual Dealing & Investment Technology exhibition held at Tokyo's Nihombashi Plaza May 20-21, and hosted by Kurakazu Communications.

"In-house IT departments are still are main competitors, although that's changing," says an attendee from Nippon Steel Corp.'s

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