City luminaries will gather at the London Stock Exchange later this month to debate the future of back office outsourcing in an era of cloud computing and software-as-a-service technology models in the latest Finextra Post-Trade Forum event.
In the second of a series ofPost-Trade Forum
events hosted by the London Stock Exchange and organised by analyst house Biss Research and Finextra, leading industry experts will present the pros and cons of outsourcing versus internalisation for bank operations.
Alistair Reid, formerly COO of Thornhill Investment Management, Dr Robert Davies, senior visiting fellow at Cass Business School and Chris Sims former head of investment operations at Gartmore Investment Management will lead the half-day debate at the LSE's Paternoster Square offices in the heart of the City on 29 September.
Cloud computing and innovations in communications and security systems has introduced the financial services industry to a new outsourced business model. So will financial services firms now be tempted to give up internal IT operations to third parties? Will SaaS become the preferred outsourced solution? With new market changes and new regulations a 'never ending story', should firms revisit the opportunities of a 21st Century outsourced business model?
The debate, closed to the media and conducted under the 'Chatham House Rule', will end with a 'pro or con' show of hands to see where the industry stands on this issue.
The first meeting of the Post-Trade Forum took place in June and attracted a lively crowd of industry experts to a debate on the pros and cons of a single consolidated clearing house in Europe.Registration
for the 29 September Forum is open now.