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Information technologies implementation in asset managing organisations does not follow a linear path. It is primarily driven by cost concerns, rather than an approach that takes into account the existing technological infrastructure, business requirements, available skill base, social and cultural environment, and operational and strategic value of technology investment. This paper presents a case of information technologies implementation in asset managing organisations. It concludes that technology for asset management needs to be physically adopted, and socially and organisationally institutionalised, to create consensus on what the technology is supposed to accomplish and how it is to be utilized in the organisation.