Citisoft launches Outsourcing Termination Service

City of London
London-based Citisoft has unveiled a service to help asset managers extricate themselves from outsourcing relationship that have soured.

One of the perennial fears faced by all buy-side firms when partnering with a outsourcing provider is that of how to go about extricating themselves from such an arrangement, given that starting such relationships tends to be a lot "cleaner" and faster than terminating them.   

In its November 2013 thematic review into outsourcing, the UK's Financial Conduct Authority (FCA) cautioned financial services firms about the risks associated with outsourcing certain key operations without the necessary

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