News for FAO
Thursday, July 29, 2010
Sage in bid for private equity backed TeamSystems
Media reports suggest that accounting software provider Sage is among the interested parties bidding for Italian management software manufacturer from private equity firm Bain Capital in a deal that could reach up €650m.
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Thursday, July 22, 2010
Credit Suisse outsources German fund administration to SocGen
Credit Suisse Asset Management in Germany has outsourced its fund administration business to Société Génèrale Securities Services (SGSS); under the terms of the agreement SGSS will provide Credit Suisse Asset Management in Germany with comprehensive fund administration services including front-office services (ASP), funds administration and reporting services.
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Friday, July 09, 2010
Contract re-negotiation not a zero-sum game
The Cabinet Minister Francis Maude may have requested the Government's biggest providers to revise their pricing, but this is far from a unilateral relationship. Private service providers are more than likely to get something in exchange.
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