Article about how the COVID-19 pandemic is forcing an increasing number of asset managers turning to outsourcing to reduce costs and improve efficiency, while focusing only on revenue-growing functions.
COVID-10 has tested many aspects of business. One in particular, Business Continuity Planning, has forced firms to not only review, but in many cases, fully enact plans. STP’s nearly flawless execution of our BCP at a moment’s notice stands out.
Interesting article discusses outsourcing as an effective model for asset managers to overcome continued fee pressure, as shrinking margins impair a firm’s ability to produce alpha.
Article from Pension & Investments talks about how investment firms are turning to outsourcing and technology to streamline and automate functions across the middle and back office.