Arendt We Live #6 - Outsourcing: necessary evil or opportunity for growth?

In an increasingly complex environment, financial sector players regularly ask themselves whether they should outsource non-business critical activities. Why outsource and how to do it? These simple questions involve a number of considerations. There are many reasons for players to evolve their operational models by relying on external partners: managing the increasing complexity of regulation, lack of qualified personnel, risk management, performance improvement, cost reduction... However, entrusting a third party with the management of a function or process underpinning the business is not a trivial matter. It implies taking into consideration issues of responsibility and governance, defining a clear outsourcing model, supporting the change by developing the teams... In this sixth episode of Arendt We Live, Christian Heinen, CEO of Arendt Services, Julien Ganter, Partner Arendt Regulatory & Consulting and Stéphane Joly-Meunier, Counsel at Arendt & Medernach, explore the opportunities linked to outsourcing, discuss the models and best practices implemented as well as the risks linked to such operations.

There are no comments yet.

Please log in to write the first comment.