Over the last decade, financial institutions have been increasingly interested in outsourcing business activities in order to reduce costs and improve their flexibility and efficiency. By taking into consideration the global coronavirus pandemic and the dependencies on service providers for outsourced activities, it becomes obvious that the current situation drives financial institutions to explore new back-up plans, instead of relying and considering just the existing Plan B.
e*finance consulting Reply organized a unique webinar to discuss a few handy tips from our Practical Guide on Outsourcing released in March 2020, and to hear key insights from the industry experts in the UK on the subject of Outsourcing and Third Party Risk Management.
