DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wct95d/global_middle) has announced the addition of the "Global Middle Office Outsourcing Market 2014-2018" report to their offering.
About Global Middle Office Outsourcing
Middle Office Outsourcing is a sub-segment of the Capital Markets industry. Middle office outsourcing refers to the transfer of operational activities such as trade processing and settlement, asset pricing and accounting, asset servicing and reporting to the external organization, which included mostly custodian banks or other specialist administrators.
Value-added services include derivative processing, collateral management, compliance monitoring, performance calculation, risk analytics, and client reporting. With the current trend of asset managers operating on a global scale and advanced product offerings, fund managers have to devise investment strategies to serve across geography, country trading, different reporting requirements, different classes, and asset classes.
One of the major trends influencing the growth of the market is the shift toward real-time processing. Most of the middle office functions are outsourced and have converged with mutual fund operations done on a daily basis.
According to the report, one of the major drivers of the market is the strategic capability of outsourcing companies. Changes in demand for complex global products and regulatory compliances have enabled investment managers to react quickly with a strategic approach. Potential cost savings is another major driver for the Global Middle Office Outsourcing market.
Further, the report states that one of the major challenges that the market faces is the lack of expertise in functional areas. The outsourcing of some operational processes requires a significant level of knowledge about the business environment in which the client operates.
The Global Middle Office Outsourcing market is categorized on the basis of functions such as:
- Trade support
- Risk management
- Citi Group
- State Street
For more information visit http://www.researchandmarkets.com/research/wct95d/global_middle