Since 2022, the ECB has annually collected registers of outsourcing arrangements from supervised banks, which must be submitted pursuant to the EBA Guidelines on Outsourcing Arrangements (the ...
Businesses evaluate different strategies to find the most effective way to minimize costs and bring their products to the market. One of those strategies is outsourcing, which involves arranging for a ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. As part of its supervisory priorities for 2024, the ECB says ...
Gartner Inc. estimates that global spending on offshore IT services will reach $50 billion by 2007. But caveat emptor! While cutting costs by outsourcing internal IT processes to contractors as far ...
BaFin increases focus on IT outsourcing risks Cybersecurity and the outsourcing of IT services are among the greatest risks to the financial sector, warns a new report from German regulator BaFin. 9 ...
Ever wonder how, if something isn’t good for you, it can be good for someone else? The buzz is that IT outsourcing is a win-win situation. Large enterprises place the burden of maintaining, servicing ...
Editor’s Note: The Network World Outsourcing Newsletter has a new author: Dan Twing. Dan is vice president of research and consulting services at Enterprise Management Associates, and has more than 20 ...
The Bank of England has released a supervisory statement on outsourcing and third-party risk management for UK central counterparties. This provides guidance on how the Bank of England (BoE) requires ...
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