Outsourcing in the Financial Sector
Outsourcing is no longer primarily about cutting costs. Thanks to fast-changing, tech-driven markets, it has become a crucial strategy in finance-related industries. Here are some of the key trends in outsourcing that are now happening within the banking, financial institutions, and insurance (BFSI) business sectors. Strategic Partnerships Gone are the days of basic vendor-client relationships. Today, financial institutions emphasize partnerships that offer more comprehensive services in alignment with their long-term goals. For example, imagine a