Busting the Myths of Outsourced Trade Service
Over the past few years, trading firms and asset managers of all forms and sizes have begun using Outsourced Trade Service, which was once a specialized service. However, some still view outsourcing as something only recession-era businesses do or as something only smaller asset managers and trading businesses should consider. However, as with other outsourcing developments, that prejudice has been disproven over time. In their pursuit of more alpha, asset managers who have adopted the term 'Outsourced Trade Service' have found efficiency, flexibility, and transparency to be the norm. Myth: Money savings are the only concern. Reality: While it's true that an Outsourced Trade Service can result in significant cost savings, the additional scale, business resilience, expertise, and value-added services that come with outsourced trading are just as important. Asset managers can set themselves up for future growth by outsourcing a non-core function, which will help ...