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ASPs in Capital Markets: Making Enterprise Software History


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mThink Knowledge - Posted on 14 January 1999

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Authored by: 
Dushyant Shahrawat;
PDF File: 
TowerGroup
The application service provider (ASP) model is gaining popularity in the financial services industry. Having passedthe stage of euphoria that often accompanies emergence of a new technology, it is entering the second stageof development. This is the stage in which vendors improve their solutions based on customer feedback, pocketsof success begin to appear in the technology’s adoption, and users are better able to match their needs to whatdifferent ASPs offer.
The application service provider (ASP) model is gaining popularity in the financial services industry. Having passedthe stage of euphoria that often accompanies emergence of a new technology, it is entering the second stageof development. This is the stage in which vendors improve their solutions based on customer feedback, pocketsof success begin to appear in the technology’s adoption, and users are better able to match their needs to whatdifferent ASPs offer.
About the Author
Title: 
Analyst
TowerGroup
Dushyant is an analyst at TowerGroup,where he focuses on the role of technologyin the global financial services industry. Hehas covered banking and brokerage technologyand emerging distribution channels like ASPs. His prior experience has involvedconducting financial/business analysis atThomson Financial Services and FidelityInvestments. Dushyant is a frequent contributorto various publications worldwideand has appeared in ComputerWorld, InternetWeek,InformationWeek, SecuritiesIndustry News, Wall Street & Technology,Risk, Global Investment Technology, eAIJournal,STP Journal. He is also on thespeaking circuit and has been invited tospeak at and chair various conferences.

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