Morse findings are unfounded: SGSS.

Investment Adviser, November, 2007

Societe Generale Securities Services has dismissed claims by consultancy Morse that there was no obvious solution to end-to-end over-the-counter derivatives processing.

Eric Dickinson, head of sales and product development for UK investor services at SGSS, said: "We can support all asset classes and instruments in the over-the-counter derivatives world. We have an end-to-end solution and provide all the servicing. We do not sub-contract it out."

His comments followed a survey of 50 fund managers by Morse, which revealed half of fund managers planned to outsource their derivatives processing, but 45 per cent perceived provider capabilities as limited.

Although the survey concluded there was an appetite for outsourcing, it stated a key theme...

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