Out of Sight, Not Out of Mind

matthew-cox1
Matthew Cox, formerly of BNY Mellon, is director and founder of MJC Data Management Solutions

With all the talk around cutting costs, outsourcing, managed service providers and utilities, is it really a no-brainer decision to hand over your data operations to a third-party service provider? I'm not so sure. Let's look at both sides of the debate.

Outsourcing typically means giving day-to-day responsibility to a third party specializing in the management of certain functions. That can be the whole middle and back office, or include some traditional front-office, non-investment decision-dr

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