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Techno Finance and Executive Diary

Techno Finance and Executive Diary


Provides a insight over latest financial concepts important for TOP Executives. Important corporate topics which may be applied in various meetings and discussions. Disclaimer: Thanks to web/its writers..I have researched and found relevant and useful information and I am sure that viewers will find them interesting.

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Thursday, December 07, 2006

Next Generation Outsourcing and Offshoring - Capturing Value in Financial Services


Next Generation Outsourcing and Offshoring - Capturing Value in Financial Services


Outsourcing and offshoring of business processes has permanently changed the way financial services companies operate.

Companies are evaluating nearly every activity for benefits they can attain through better management of services and better deployment of a global footprint. While this focus on evaluation is widespread, most companies are actually less aggressive about actually implementing outsourcing than press reports suggest.

Without a doubt, outsourcing and offshoring initiatives in financial services receive positive press. But the critical question is whether financial services companies can actually capture value through outsourcing and offshoring — or whether they must settle for simply basking in positive media spin.

Booz Allen Hamilton's Charles Teschner, Anil Kaul, and Myles Wright are the authors of "Next Generation Outsourcing and Offshoring — Capturing Value in Financial Services."

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