Financial services firms like banks, insurance companies and asset managers are confronted with a growing number of substantive rules and formal requirements affecting their business. From an organisational perspective, particularly demanding standards have to be met by the compliance- and risk management function in terms of professional qualifications and segregation of duties.
This may be specifically challenging for smaller and medium-sized firms where the necessary specialist knowledge is not available in-house or an unwanted accumulation of duties cannot be avoided.
In these circumstances, outsourcing of activities and functions to an external services provider may be an appropriate solution. In addition, it helps converting fixed costs into variable costs and focusing on the company’s core competencies.
With our highly qualified staff and our broad experience, we can support you with an outsourcing solution that is tailored to your needs.