I have spoken to many vendors over the years about their business and how prospects are looking and I usually get the same response.They are always competing with inhouse developers. This despite a growing list of failed in-house developments and a increasing
list of new developments needed to be compliant.
Equally I speak often to financial services firms about their development plans and they are often frustrated by in-house developments but also a lack of choice in vendor solutions. None of this makes sense to me.
I know of a huge number of great system solutions in the market but clearly they are not getting their message accross. At the same time I keep hearing about the huge investment that Financial Services firms will spending to meet regulatory inspired developments
What is the real problem with outsourcing? Is it a policy issue, a fear or risk or cost issue or may be about control?
Why is back office outsourcing still left in the eighties? Whyare the benefits offered by Cloud computing not getting the attention they deserve. What about SaaS, this is a great way to futureproof the business and make strides away from in-house development
and processing?
The Post-Trade Forum debate hosted by the London Stock Exchange has attracted some top names in the business to debate the pros and cons of outsoucing and vote, if it is really a future solution for all types of FS firm.
All this and more will be debated in the next Post-Trade Forum where for once we will be putting direct questions and pushing for answers. Visit
www.post-tradeforum.com for more details.