Buy-Side Spend to Grow…Slowly


BOSTON--Investment managers in the US market will spend $4.1 billion on IT during 2002, according to a report released last month by consultancy Celent Communications. Looking to 2007, Celent predicts that buy-side IT spending will take an upward turn and reach $5.1 billion. Through 2005, asset managers will commit $1.7 billion of those funds to STP-related projects

In ‘IT Spending Trends in US Asset Management’, Celent projects that the five largest US buy-side firms will account for a third of

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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