Transforming Technology

Large numbers of capital markets firms have come to the realization that using valuable time and resources to develop, run and maintain large parts of their technology domains – especially back-office functions like reconciliations – is unfeasible and economically unviable, given that they do not add much value to their business proposition.

As more organizations start to consider the merits of outsourcing what are essentially commoditized processes, as well as utilizing industry utilities, these benefits of cost reduction, time to market and operational efficiency have become clear.

This white paper explores how a transformation in the development and delivery of back-office services and utilities is allowing capital markets firms to concentrate on their core activities.