Trade costs

How investment banks can streamline costs

Wei Min Chin, managing director for the capital market industry in Asia Pacific at Accenture, explains why investment banks should consider outsourcing back-office operations.
Chin Wei Min
Chin Wei Min

Outsourcing has long been a way of making cost-savings, but is this suitable solution for investment banks
Increasingly it is a viable solution, particularly for post-trade processing, which plays a vital role in client service but represents a significant fixed cost for banks. To address this problem Accenture has teamed up with Broadridge Financial Solutions to build a new model for securities processing that spreads costs across a large volume of trades from multiple institutions. This should help banks of all sizes limit the need for capital investment and rebuild their business models around more-profitable services.

Why can’t banks do this themselves
New regulations are pushing...

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