The Banker, June 1st, 2000
Application service provision looks set to be the next big thing in IT. Kung Young reports on the latest developments to hit the financial services sector
Information technology is taking another leap forward and the financial services industry faces a swarm of IT vendors and banks who will provide the next generation of software applications delivered on IP-based networks. Application Service Provision (ASP) has been touted as the "next big thing" but mostly it is just another rehashing of the old bureau service model. One major difference however, is the sophistication of the delivery mec...
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