At Morse, we have extensive experience in the Investment Management sector of helping clients decide whether to outsource components of their business and, if so, how to select a suitable partner and structure the arrangement.
The first challenge is to define, and gain agreement internally, on the scope of any potential outsource and whether the business benefits, e.g. costs, risks, focus, outweigh the option of retaining a business component in house. This needs to take into account a range of current and future business needs in order to make the optimal strategic decision.
Once a decision to outsource has been made, selecting a suitable long term partner involves assessing a wide range of qualitative and quantitative factors in as fair and objective manner as possible and getting consensus from a wide range of stakeholders in your organisation.
We have a range of tools and experience which we can utilise to help our clients decide upon what to outsource and to whom.