BLOGS. August 18, 2023
Driving Forces Behind Middle-Office Outsourcing
Asset and fund managers are increasingly realizing the benefits of choosing to outsource or lift-out some or all of their middle-office functions. While outsourcing back-office functions has been popular for some time, this increase in middle-office outsourcing is due partly to the volatility during the COVID-19 pandemic and the more recent instability in the banking system. Events alone aren’t driving the trend, however. They merely help shine a light on pain points that were already there. Hedgeweek’s May 2023 report revealed three main drivers of middle-office outsourcing.
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