17 October 2006
DataArt and Hedge Fund & Investment Technology Release "The Changing Face of Outsourcing" Special Report
October 2006 issue of Hedge Fund & Investment Technology magazine runs a special report on the use of outsourcing in financial technology, conducted by DataArt in partnership with HFIT. The research focuses primarily on software vendors in financial markets, producers of software systems, tools and networks for trading, risk management, processing and investor communications. A total of 75 financial technology executives were polled.
"Outsourcing and especially off-shoring of technology projects has traditionally been associated with the development of low-value, high volume business processes and applications. The report indicates that financial services organizations are increasingly on the lookout for outsourcing partners to develop mission-critical platforms to enhance their competitive edge," writes the magazine.