Outsourcing to Boom, According to MA Partners
OUTSOURCING
LONDON--The global financial markets could see a $20 billion annual outsourcing boom, with potential savings to the investment banking industry of around $8 billion per year, according to research by MA Partners, a management consultant.
In a recent study, MA Partners says the need for cost cutting at investment banks, as well as the need to increase speed and flexibility of trading, will drive them to outsource more.
The study assumes that 90 percent of core back-office operations and 50
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