Outsourcing Dealing

Outsourcing is no longer confined to back-office grunt work and has been moving gradually towards the more glamorous end of operations, including the buy-side dealing desk. A survey conducted by asset servicer Northern Trust showed that 85% of asset managers had either already outsourced some part of their trading function or were considering doing so.

Furthermore, the reason for outsourcing the dealing function is no longer exclusively cost-based. There is the pursuit of greater operational resilience and risk reduction and even the idea that a third party might do a better job.

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