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The financial services industry went through a dramatic turn of events during the past year or so, to an extent that many were questioning its long-term viability and sources of strength. While it is imperative that we try and learn as much as we can from past mistakes to prevent them from...
Persistent link: https://www.econbiz.de/10008471888
U.S. banks are increasingly outsourcing an expanding range of their operations to third-party service providers. Recent … industry estimates show that outsourcing by U.S. banks accounts for almost 20 percent of their information technology services … engaging in ‘cross-border outsourcing’. Notwithstanding the potential cost savings that can result from outsourcing offshore …
Persistent link: https://www.econbiz.de/10008518316
Creating a technology and operations organization that can become a trusted partner of the business and at the same time contribute to an increase in the value of the business franchise is difficult in stable market conditions. In times of economic and market turbulence this becomes a Herculean...
Persistent link: https://www.econbiz.de/10008518318
reference data function is provided in this article. We close by presenting the primary risks associated with outsourcing a …
Persistent link: https://www.econbiz.de/10008518298
This articles reports the findings of the 2003 Offshoring survey that was conducted in order to identify key trends and … explosive issues around jobs displacement, community relations, protectionist ‘backlash’ against offshoring, and workers …
Persistent link: https://www.econbiz.de/10008518320
This paper identifies the offshoring trends, drivers, risks/challenges, and their impact on financial services … institutions. It sets out a new value proposition to maximize the offshoring benefits for the financial institutions, based on … lessons learnt and offshoring capabilities of service providers. …
Persistent link: https://www.econbiz.de/10008518312
The world of offshoring has come a long way in recent years. This experience allows us to make certain inferences about … offshoring, a summary of best practices, and to answer the key questions in the minds of management today regarding this massive …
Persistent link: https://www.econbiz.de/10008518310
As the number of financial institutions that are moving operations overseas has grown, so has the attention of regulators. This article looks at some of the regulations that financial institutions need to be aware of when considering moving operations overseas and some guidelines on how...
Persistent link: https://www.econbiz.de/10008518329
The number of financial services firms that are using contact center offshoring has been on the increase in recent …, rewards, and best practices in offshore contact center sourcing, using lessons from both the offshoring pioneers and from the …
Persistent link: https://www.econbiz.de/10008518304
Outsourcing has been increasing in recent years as more firms in the developed countries have decided to outsource part … of their production activities to their subsidiaries or local firms in the developing countries. Outsourcing either … rise in outsourcing activities has created both new opportunities and challenges to the developing countries, not only in …
Persistent link: https://www.econbiz.de/10008518317