Finance services BPO

A Finance services BPO offers services specific to the Finance sector.

What is Business Process Outsourcing (BPO)?

Business Process Outsourcing - BPO is the act of delegating in-house operations or processes to a third party. These responsibilities initially could have been an internal service or an existing system. Companies outsource to achieve cost savings which may occur when the cost of living is lower in the outsourced country.

In the Analytics space a Finance services BPO offers services like;
- Collateral matching
- Portfolio matching / balancing
- Transaction maintenance
- Trade valuation

In the Data Maintenance space a Finance services BPO offers services like;
- Reference data maintenance
- Trade indicative data maintenance