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Buyside

STP SPECIAL REPORT

Buy Side Looks Outside

By Victor Hendrickson

In a slumping economy, even the largest money managers may outsource for T+1.

Buy-side firms breathed a collective sigh of relief when the T+1 deadline was pushed back to 2005. Money managers don’t like to change if they don’t have to, and they certainly don’t like to be rushed. But even with the extra year to implement the necessary straight through processing solutions, some of the world’s largest money managers are looking beyond their in-house IT

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