Outsourcing of Financial Services
Synopsis
Outsourcing helps organizations concentrate on strategic goals and stay ahead of the competition. Growth in the financial sector is tremendous and since there can be no reversal in this area for at least another decade, financial services outsourcing is all the more lucrative. Here, corporates transfer risk and management to third parties and the outsourcing agencies operate offshore. The major advantages Indian companies have in this area are English language proficiency, skilled labor, low cost and location. Besides, outsourcing also helps organizations increase the potential use of their staff and create jobs and benefit in efficiency, productivity, quality of work, and revenues. International financial services institutions like JP Morgan, Citibank, HSBC, UBS, Genpact, Accenture and IBM are some financial services outsourcing companies operating in India. This book concentrates on financial services outsourcing in various sectors, and provides insights through experiences. Companies like Genpact, Accenture and IBM are some of the financial services outsourcing companies operating in India. This book concentrates on financial services outsourcing in various sectors, and provides insights through experiences.
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Bibliographic information
Aparna Bellur