Discovering the Endgame in the Offshore Debate
Journal of Financial Transformation, Vol. 8, pp. 103-112, September 2003
10 Pages Posted: 23 Jan 2009 Last revised: 8 Jul 2009
Date Written: 2003
The financial services industry is just beginning to take full advantage of the benefits of offshore business processing. Some have taken the steps to outsource parts of the lowerend value chain to third party providers within emerging economies. We predict that similar to the manufacturing industries, financial institutions will over time outsource significant parts of their business processes, including certain components which require complex processes, to cheaper, and perhaps more efficient, third-party providers based offshore.
Keywords: Financial services, outsourcing, offshoring
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