Perot Systems Teams With SBC To Create It Subsidiary

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Swiss Bank Corp. (SBC) has formed a strategic IT alliance with Perot Systems Corp. under which 700 IT staff -- including front-office support staff -- from SBC Warburg, the investment banking arm of SBC, will be transferred to a new Perot Systems subsidiary company, Perot Systems Global Financial Services .

Craig Heimark, global head of technology for SBC Warburg, says, "This is a strategic alliance at the corporate level, not a traditional outsourcing deal." The investment banking arm is the

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