LONDON--Kim McFarland, chief operating officer of Investec’s global asset management business, outlined three examples where Investec had considered outsourcing.
In 1997, Investec’s South African retail business decided it needed to change its fund administration system, which serviced 110,000 clients and assets of £1.5 billion. After looking for six months, the firm found there were no credible outsourcers or systems.
"At that time in South Africa, there was only one decent system," says McF
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