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The leading knowledge platform for the financial technology industry

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Hermes Mulls BNY Outsourced Data Management Proposal

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Asset manager Hermes Pensions Management Ltd. is considering using Bank of New York to provide a range of outsourced investment operations services, including data management. BNY’s proposal calls for the migration of Hermes’ operational functions to be migrated to the BNY SmartSource platform and centralized outsourcing business model.

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