Financial Services Offshoring: Moving Toward Fewer Captives and Global Cost Competitiveness
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Authors:
The Conference Board -
Publication Date:
March 2010 -
Report Number:
A-0323-10-EA
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Financial services companies show greater interest than other sectors in contracting with large international providers and becoming more cost competitive by moving operations to lower labor cost locations. They are also less likely to initiate captive operations. Many plan to expand current offshoring practices and start new projects in the near future.