Discovering the Endgame in the Offshore Debate
AbstractThe financial services industry is just beginning to take full advantage of the benefits of offshore business processing. Some have taken the steps to outsource parts of the lowerend value chain to third party providers within emerging economies. We predict that similar to the manufacturing industries, financial institutions will over time outsource significant parts of their business processes, including certain components which require complex processes, to cheaper, and perhaps more efficient, third-party providers based offshore.
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Bibliographic InfoArticle provided by Capco Institute in its journal Journal of Financial Transformation.
Volume (Year): 8 (2003)
Issue (Month): ()
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Financial services; outsourcing; offshoring; new technologies;
Find related papers by JEL classification:
- G20 - Financial Economics - - Financial Institutions and Services - - - General
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
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