Asset managers to outsource more services

Outsourcing2Fund managers will be more reliant on their asset servicing and technology partners in the future as they look to outsource more of their operations, according to a recent Funds Europe research report.

Almost three quarters of firms (73%) expect to increase the number of services they outsource to external partners over the next two years.

However, 42% of asset managers also plan to reduce the number of external partners they use, meaning that they will be expecting a more comprehensive service from the providers they do use.

The survey showed that managers will look to take advantage of the investment that large asset servicing companies have made in their global operating models.

As many as 83% of respondents said they expected to extend their strategic alliances with asset servicing and tech partners, enabling connection of mid- and back-office services straight to their front-office tools and investment book of record.

The figures are in our report, ‘The future of investment Operations’, produced in association with Temenos.

A link to the full report is below.

The future of investment operations report »

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