CSFB Outsources Client Reference Data

FRONT PAGE: ADMINISTRATION & MANAGEMENT

Credit Suisse First Boston is cutting the cost of reference data management by outsourcing some of its data checking work to the offshore operation of New York-based vendor CreditDimensions.

The outsourced service uses data analysts from CreditDimensions and its Bangalore partners ebusinessware and Adsatis to validate the core company information that CSFB holds on clients. About 100 of CreditDimensions’ 300 staff, mostly located in Bangalore, are dedicated to this project, says a source at t