| Boston, MA, USA June 19, 2002 In a new report, Asset Management Case StudiesAnatomy of Three Outsourcing Deals, Celent showcases how PIMCO, Barclays Global Investor, and the asset management group within Union Planters Bank are leveraging outsourcing to enjoy operational benefits and attain their strategic goals. The case studies review the motivations behind the decision to outsource, the provider selection process, transition planning, and results to date. Summary of Outsourcing Arrangements"By outsourcing, asset managers can focus on higher-value activities including product and market development, distribution, and client service, while transferring commodity back- and middle-office functions to experts who can conduct these operations more economically. In terms of technology, outsourcing also ensures continued maintenance and upgrades and eliminates large, up-front capital outlays," comments Pamela Brewster , an analyst at Celent and the author of the report.Along with the case studies, the report provides insights into the factors spurring asset managers interest in outsourcing; the benefits derived from outsourcing; the various providers in the market, and a checklist for assessing an outsourcing arrangement. The report also explores whether it is advantageous to be a first-mover in this area and whether outsourcing is a fad or long-term trend in the industry. "With growing competitive pressures in the industry, we think its only a matter of when, not if, outsourcing will become a common phenomena," add s Brewster. "The only question will be which activities to outsource and which to keep in-house." A Table of Contents is available online.
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