Outsourcing has become a critical component of financial institutions’ management of their business operations and control of their costs. In addition, institutions are outsourcing increasingly ...

Outsourcing by financial services firms raises important concerns for both the firms and their government supervisors. Specific supervisory efforts, such as the FFIEC’s procedures for supervising ...

Doing more with less is the mantra for all financial services executives today. Continually improving operational excellence may seem like an impossible goal in a world where the volume of ...

NEW YORK — IT managers interviewed last week mostly agreed with a Gartner Inc. prediction that less than 30% of financial services companies will be outsourcing strategic projects by the end of next ...

Technology outsourcing by financial institutions (FIs) has increased in recent years as FIs look to the latest innovations to improve their day-to-day business processes and to reduce costs. FIs ...

or not to build the necessary infrastructure to support growth in various business activities, such as information technology (programming, security administration, (internal audit, regulatory ...

At least one advisor thinks a pending SEC rule on outsourcing financial services is needed because it could force firms to be more upfront about how much investment work they may or may not be doing ...

The landmark $4 billion, seven-year outsourcing deal in which International Business Machines Corp. agreed to handle most of American Express Co.'s technology operations is a huge boost for a practice ...

Chattanooga-based Unum said it is outsourcing some "high-volume, transactional processes," leading to the elimination of some financial positions. Unum has contracted with EXL, a firm with ...

Partners Group, a global private markets firm, recently selected Alter Domus as its key outsourcing partner. Leaders like BruntWork see the deal, which focuses on managing operational duties for the ...

French IT services provider Atos is in a tough financial spot and needs restructuring. Big losses have forced the company to seek protection from debtors and get short-term financing to keep running.