Back-office BPO in Euro asset management to hit US$758m

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GLOBAL - The market opportunity for business process outsourcing (BPO) in European asset management will reach US$758m (e623m)by 2006, according to a new report by Datamonitor.

The report, Asset management technology in Europe, claims the market has emerged in Europe as a series of large-scale lift-out deals, with traditional custodians demonstrating interest in taking ov...

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