July 21 deadline for Dodd–Frank Wall Street Reform and Consumer Protection Act is approaching. With the Dodd-Frank deadline nearing, it is important that you evaluate whether the systems, processes and people you have in place can support the many requirements of the rule, including greater transparency and disclosure mandated by the reform. And the Impact of Dodd-Frank [...]
Posts Tagged ‘United States’
Investment Banks Outsourcing to India…. Does it work?
Posted: 07/13/2011 in Trading Software, IT OutsourcingTags: India, Investment Banks, Electronic Trading, Outsourcing, Capital market, Research, Business, United States, Connectivity, equity and capital markets research, Middle-office, Regulatory Compliance Reporting
Investment Banks are outsourcing financial analysis and research overseas. Few big names have quietly hired Indian firms or set up their subsidiaries on the subcontinent to handle basic financial modeling and comparable analysis. Two main factors are driving this trend. First, it’s cheaper. Second, banks hope that by freeing senior analysts to concentrate on analysis [...]