Half prefer to outsource data management

Nearly half (49 per cent) of financial services decision-makers would prefer to use outsourced technology solutions, rather than building teams to develop them in-house, according to new research. Asset Control commissioned OnePoll to survey 100 senior financial services staff in the US and Europe, finding that outsourcing has gained in popularity in recent years, with 48 per cent saying key benefits included being able to draw on a third party’s industry knowledge.