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A Time for Anticipation | For Front Office, More of the Same Means More $$$$ | MiFID Brings New Trading, Data Management Opportunities | Easdaq Makes a Comeback as Equiduct | Clearing Firms Extend Their Outsourcing Businesses |
Clearing Firms Extend Their Outsourcing Businesses
January 1, 2007
For a clearing firm, the outsourcing of software development is a new way of doing business, but Aite's Honoré pointed out that there are plenty of highly experienced competitors. If Pershing, with more than 1,000 broker-dealer correspondent firms, has an advantage, it's what Honoré described as "the account penetration to talk to all right people."
