February 16, 2011 – (MIAMI) The forecasting firms are fairly unified about their expectations for information technology spending by financial services firms in 2011:

Then there's Brad Lyman, director of technology at Matthews International Capital Management, an independent, privately owned firm in San Francisco that is the largest dedicated Asia-only investment specialist in the U.S. He expects to quadruple that. He's expecting to spend 20 percent more on information technology this year, he told attendees during a CIOs Roundtable Tuesday morning at the National Investment Company Service Association 2011 Conference & Expo.

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