Too Cool for Internet Explorer

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Profil Ronald Knecht've found a bilingual blog, so please choose "English" or "German". The blog represents personal views on IT systems and consulting in the asset management and investment banking market and focuses predominantly but not exclusively on issues in German speaking countries, respectively countries with a German speaking sub-community (DE, AT, CH, LU, LI, BE, IT).

For more information about this blog check out the blog note: I-2008 or all blog notes

Wednesday, April 07, 2010

Deutsche Bank to outsource fund admin -sources

This is the first public note on the possible deal - probably to stop the increasingly circulating rumors in the market.

Primary goal is to cut cost, the press release says, and focuses around the DWS primarily. I am keen to see how the outsourcing efforts will result in cost savings. State Street and Deutsche Bank both do run SimCorp Dimension...