Tuesday, February 20, 2001

Risk ASPs: No Profits on the Horizon

Meridien Research, a leading financial technology analyst firm, announced today the availability of a new research brief entitled, "Risk ASPs: Chasing the Invisible Market." This brief is an update to two previously published research pieces, "eRisk?" and "The Market for Online Risk" and focuses specifically on the marketplace and major vendors providing risk management services through the Application Service Provider (ASP) model. It also includes Meridien's view of trends in the industry and a look into the future of this developing technology.

"There is no question that ASP technologies will ultimately be adopted for use in risk management," said Deborah Williams, Research Director at Meridien Research. "The question is who will provide these services: the financial institution itself, a software vendor or another third party? Attaining profitability for the vendors in this space will be extremely difficult."

News Tidbits (appears every day on the front page)
- no new tidbits today.