Outsourcing is a common business strategy for most medium-to large-scale organizations. Each organization has its reasons and drivers for conducting outsourcing programs such as internal resources..

With the planned cessation of London Interbank Offered Rate (LIBOR) only 25 months away, financial institutions across the globe are dedicating significant resources to building out their LIBOR..

So, you have set up shared services centers and the teams are delivering more efficient and consistent processes, enabling better controls in your organization. Due to the transition of work to..

The two most important Central Counterparty (CCP) Clearing houses in the world, the Chicago Mercantile Exchange (CME) and the London Clearinghouse (LCH), have laid out preliminary proposals for..

After careful consideration, your organization decided to move forward with implementing a shared services center. One of the most critical components of implementing any new function or operating..

In order to improve margins and increase efficiency over the enterprise, organizations often make the leap to centralize functions. Consolidating into a shared services model creates an..

To operate lean and successful organizations, many leaders consider outsourcing their shared services functions to reduce costs. We recommend asking yourself the following six questions to help..

When thinking about the different functions that will migrate to a shared services center, it may be easy to identify which teams or processes will become part of this new organization; areas such..

While the benefits of moving to a shared services operating model have been widely accepted in theory, organizations often fail to realize these advantages in practice. Much of this failure..

As we previously discussed, there are many things to consider before embarking on a shared services journey, including selecting a location. This decision should not be taken lightly, particularly..

In an increasingly competitive environment, cost containment remains a key strategic priority. In fact, the ability to grow revenue without seeing a parallel increase in operational expenditure..

Recently, we presented at the AICPA National Banking and Financial Institutions Conference on leveraging automation and analytics to enable financial strategy. Three key takeaways stood out:

With just 27 months remaining until LIBOR may become unusable or unavailable, firms need to accelerate their LIBOR transition planning. Based on a recent series of conversations with large..