| Publisher | Outsourcing Factory | ||
|---|---|---|---|
| Format | 225.9KB PDF | Date added | 12 Jan 2009 |
| Topics | Finance, Outsourcing | ||
| Downloads | 11 | ||
The ongoing global financial crisis is a concern for everyone in almost all industries - fear of job loss, foreclosed homes and bankrupt businesses. About 20% to 40% of the revenues of offshore outsourcing companies are tied to the financial services industry. With its collapse, companies have been forced to look to other vertical markets. Who wins and who loses from the crisis? In addition, in what ways can a company use BPO services to consolidate its position in this crisis-affected market? This white paper provides with answers to these questions, together with some updates on the evolutions of the BPO industry since the beginning of the financial crisis.
Related white papers
HP MPS solution for AIB
Allied Irish Bank (AIB) wanted a Managed Print Services (MPS) solution at its head office that would improve service quality, deliver cost savings and lower operational risk. One of the...
Lafarge Standardizes Financials, Supply Chain Across All Lines of Business
Founded in 1833, Lafarge is the world leader in construction materials. The company wanted to standardize its IT tools and management systems on one Enterprise Resource Planning (ERP) solution for...
Keys to Aligning Security and Compliance - How to Connect the Dots
The pressure is on as organizations today face mounting demands to maintain an enterprise-wide security posture while adhering to the growing number of compliance regulations. Without the right processes and...
Allianz Bank Bulgaria Reduces Fleet Management Costs by 50% and Cuts Reporting Time to One Day
Allianz Bank Bulgaria wanted to centralize financial, inventory, and asset data, and reduce delays caused by requiring staff to manually collect data and accelerate end-of-month and end-of-day financial reporting. The...
Accounting Firm Boosts Productivity Through Rapid Adoption of Easy-to-Use CRM Solution
To drive continued growth, Plante Moran, a leading U.S. - based financial services firm, needed to automate business development efforts. The company sought to replace its IBM Lotus Notes contact...
CEVA Logistics Improves Global Financial Reporting and Consolidation Processes
CEVA Logistics wanted to integrate two disparate, legacy consolidation and reporting systems following the company's merger with TNT Logistics and EGL Global Logistics (freight management and contract logistics companies) and...
Chinatrust Commercial Bank Reduces Risk by Monitoring Global Credit Limits
In the past, CTCB's overseas branches have run independently and made their own IT purchasing decisions. Consequently, each core banking system handled data differently using numerous formats and templates. Transaction...



