949589--3/2/2006--INVESTORS_FINANCIAL_SERVICES_CORP

related topics
{stock, price, operating}
{property, intellectual, protect}
{system, service, information}
{personnel, key, retain}
{regulation, change, law}
{acquisition, growth, future}
{competitive, industry, competition}
Our operating results are subject to fluctuations in interest rates and the securities markets. A material portion of our revenue is derived from our relationship with Barclays Global Investors, N.A. ( BGI ) and related entities. We may incur losses due to operational errors. We face significant competition from other financial services companies, which could negatively affect our operating results. We may incur significant costs defending legal claims. Our future results depend, in part, on successful integration of prior and possible future outsourcing transactions. The failure to properly manage our growth could adversely affect the quality of our services and result in the loss of clients. We must hire and retain skilled personnel in order to succeed. We may not be able to protect our proprietary technology. Our quarterly and annual operating results may fluctuate. We are subject to extensive federal and state regulations that impose complex restraints on our business.

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