Outsourcing: Captive Sites

摘要

The newest outsourcing trend is the building of captive sites, in which brokerage firms essentially expand their operations, taking on their own space and employees in a foreign country rather than using the services of a third-party service provider. Why It's Important: Captive sites allow investment-management firms to cut costs in the same manner that they would if they used a third-party provider for the service. The wages for employees in countries like China or India are significantly less than those for comparable talent in North America. Additionally, captive sites can offer brokerages a more secure environment for sensitive data and information than if it contracted a third-party provider.