More than 60% of finance workers believe there is still an appetite among banks for outsourcing back office, applications and infrastructure support contracts. This was despite data loss and security concerns around recent outsourcing contracts taken on by banks. The survey polled more than 100 senior finance and technology workers.
In response to the latest Bobsguide Expert Panel poll “Is there still an appetite for banks outsourcing contracts?”, only 15% believed banks’ outsourcing would be limited to application and infrastructure support; 12 % limited to just infrastructure support; and 12% felt there was no longer an appetite within banks to outsource.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.