Outsourcing offers the opportunity to pick and choose the best services and products from a provider that excels in that area. Frances Maguire looks at how this new model is changing the face of the financial services industry.

Global consolidation, enabling large banks to compete locally through acquisition, and the subsequent pressure upon local banks to compete at a global level, are the two main drivers for a new focus upon outsourcing and white-labelling in the financial sector.

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