How investment banks can streamline costs

Wei Min Chin, managing director for the capital market industry in Asia Pacific at Accenture, explains why investment banks should consider outsourcing back-office operations.

How investment banks can streamline costs

Outsourcing has long been a way of making cost-savings, but is this suitable solution for investment banks
Increasingly it is a viable solution, particularly for post-trade processing, which plays a vital role in client service but represents a significant fixed cost for banks. To address this problem Accenture has teamed up with Broadridge Financial Solutions to build a new model for securities processing that spreads costs across a large volume of trades from multiple institutions. This...

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