Linedata buys Hong Kong outsourcer to target Asian markets
Asian acquisition follows hot on the heels of US deal to widen firm’s geographic footprint.
Firm hopes hire will help boost buy-side offering.
At a time where cost efficiency has become the new world order, outsourcing almost everything from trading technology to post-trade processes has become the next big thing.
Sell-side study by FIS finds 39% of firms expect front office functions to be outsourced by 2020.
Fidessa's buy-side revenues are down 3% as firms look to outsource operations to larger buy-side firms.
Asset management trading desks could be among the first front office functions to be outsourced. Hayley McDowell investigates...
Instinet tells The TRADE brokers need to embrace technology outsourcing, as banks continue to pull back from Asia Pacific region.