Creative cost cutting
What can vendors do to help reduce the cost of technology purchasing, maintenance and upgrades for hedge funds particularly at a time when management fees are being squeezed?
This is an extended version of an article appearing in Technology Round Table: challenges ahead for the future.
Cutting costs is always popular as long as it does not sacrifice quality or increase risk. Vendors have come up with some interesting ways to help impact the bottom line.
Bob Park at FINCAD says vendors can offer recession-proofed pricing for cost control: His company recognises the longer-term need for companies to plan and control their expenses, so it has moved towards term pricing
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