DrKW Takes ASP Route for Impact
OUTSOURCING
NEW YORK--Dresdner Kleinwort Wasserstein (DrKW) has signed a multi-year agreement to outsource its fixed-income trade processing to ICI/ADP, which will host its Impact application for the firm.
Previously, Dresdner had used a licensed system from ICI/ADP. The decision to move to an application service provider (ASP) model was made to reduce total operating costs as well as help the firm move up to the latest version of the Impact system, which includes a browser-based interface for back-office
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