13.01.2009 Opalesque Exclusive: Risk management firms are expected to remain a core focus for hedge funds and their investors
From Kirsten Bischoff, Opalesque New York: Research firm Celent’s recent report on IT spending in the financial services industry does not bode well for financial technology advances in 2009. However, while the research firm anticipates banking technology spending to be minimal in 2009 and expand only slightly (3.9%) in 2010, one of the areas banks will be focusing on is risk management.

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