Reuters moves into outsourcing

Global information and technology vendor looks for growth by setting up outsourcing services with key partners.

With poor performance of its Instinet subsidiary driving underlying first quarter revenue at Reuters down by 13% on last year, the company continues to look at new ways to expand parts of its business that play to its core strengths.

One of these areas is its trading and risk management systems business. In April it announced two deals with partners to leverage Reuters technology in offering outsourced services. One, with IBM, is for 'pay-as-you-go' risk management services...

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