Outsourcing Boomerangs Back
DATA DIVA
ABN Amro is in talks with EDS to take over parts of its wholesale client business. Merrill Lynch is working with multiple partners to outsource the development of a wealth management workstation. Likewise, Banque Hervet, a regional French bank, has awarded an outsourcing contract to EDS.
No surprise, right? Outsourcing has not always been in favor--JP Morgan’s 1995 Pinnacle Alliance provoked a firestorm of criticism over its scope and expense--but over the last eight years it has gradually gained
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