SS&C Says Service Bureau Biz Will Grow; Director Named To Lead Outsourcing Services
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With a view to expanding its share of the rapidly growing outsourcing market, Securities Software & Consulting Inc. has created a new position, director of outsourcing services, and has tapped Michael Pritchard to fill it. Currently, SS&C's service bureau group claims to handle accounting for some $10 billion worth of customer assets--out of a total $700 billion in assets the vendor claims for its business overall. Pritchard's first task will be to conduct a full-scale evaluation of the vendor's
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