FX Spending On the Rise
The increased spend reflects initiatives to deploy technology to improve liquidity and credit risk management. Of those polled, 35 percent say they would spend the same amount as this year, while 15 percent indicate plans to cut tech spending in 2009.
By contrast, the same poll of buy-side delegates reveals that only 20 percent plan to spend more on technology next year versus this year. These delegates also plan to cut technology spend next year, while 60 percent of respondents will spend the
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