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IT spending moves up buyside agenda

Investment banks re-examine buyside relationships as soft commissions come under fire

Investment banks have long led the technology race and buyside firms have traditionally stood on the sidelines. But IT is creeping up the buyside agenda and the banks are keen to play a role in helping their institutional clients make greater use of technology.

Driven by the dot-com boom, investment banks have spent huge sums in recent years on electronic trading platforms, multi-bank portals and other internet initiatives.

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