Boston, MA, USA
March 20, 2002
Outsourcing: The Coming Wave in Investment
Management
Report Published by Celent
Celent Communications predicts the
demand for outsourcing services by US and European investment managers
will generate US$30 billion in outsourcing revenues by 2006.
 In
a new report, Outsourcing—The Coming Wave in Investment Management,
Celent examines the transformation of outsourcing services, reviews
the factors driving demand, analyzes the competitors and the various
outsourcing business models, and considers the factors which will
determine success in the marketplace. The report also presents survey
findings of leading investment managers’ interest in, and attitudes
about, outsourcing.
One key finding of the report is that 40% of
investment managers with greater than US$1 billion in assets are
considering outsourcing back, middle, and more limited front-office
operations by 2004. However, they will grant business only to stable,
well-heeled providers whom they trust.
According to Pamela
Brewster, analyst at Celent,
"With the market downturn and intensified competition for assets,
investment managers are re-evaluating their core competencies and looking
to gain operational efficiencies. Outsourcing promises to deliver three
significant benefits: lower overhead costs, increased productivity, and
risk reduction."
A Table of
Contents is available online.
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