By Stephen M. Wynne, Executive Vice President, COO, PFPC Worldwide

The mutual fund marketplace is more keenly competitive than ever before. In the past, fund companies have traditionally considered outsourcing daily, high-volume tasks and specialized functions as a way to gain the benefit of automation and economies of scale. But as the industry faces new pressures, administrative outsourcing providers are bringing additional solutions to the table to help fund companies manage risk and meet new regulatory and compliance requirements while containing costs.

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