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Monday, March 27, 2006

Outsourcing News - Aberdeen says Deutsche buy aided by rival deal


Aberdeen says Deutsche buy aided by rival deal
LONDON (Reuters) - Aberdeen Asset Managements said on Monday it was able to buy the UK fund arm of Deutsche Bank because rival Schroders was distracted by taking its back-office activities in-house.

Friends Provident gives greater project control to offshorer after portal success
Financial services group Friends Provident has extended its use of Indian IT outsourcing supplier Wipro, handing the firm two more projects after its success developing a Friends Provident web portal for the processing of pensions applications by independent financial advisers.

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