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 for small and medium-sized financial services firms in the Asia Pacific region, while the other is a deal with HSBC to provide its partner banks and corporate customers with outsourced foreign exchange FX trading services...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222