Category: Support & Managed Services

A significant number of investment advisers appear to be turning to outsourcing in order to aid their work.

The results of a new study by financial research company Defaqto have been revealed, showing some 42 per cent of experts in this area now choose to outsource at least some of their responsibilities.

Several reasons for turning to outsourced IT are given by the body, including the potential to improve efficiency, reduce costs and deliver a higher level of performance as work will be carried out by specialists.

Advisers are not the only professionals who can use outsourcing to boost their productivity. Martyn Hart, chairman of the National Outsourcing Association, recently said freelancers should consider the option as it will help them take on more work.

Fraser Donaldson, Defaqto's insight analyst for funds, added: "For many advisers, outsourcing part or all of their operations will be high up the agenda to support their advisory proposition from 2013. There are a number of outsourcing routes open to advisers."

Posted by Shannon Wells