Press release
CityIQ releases whitepaper on Outsourcing arrangements in the Asset Management Sector.
CityIQ has released a whitepaper “The CityIQ Outsourcing Proposition” which considers how continuity of service might be achieved in the event of default by a middle or back office service provider.Announcing the whitepaper, Paul Wiltshire, Managing Director of CityIQ said; “Towards the end of 2012 the FSA identified this as a potential issue and asked Asset Managers to review their contingency plans. The industry was swift to respond, with both managers and service providers working together in order to formulate responses to the regulator’s concerns. Currently their focus is on:
• Exit Planning
• Standardisation
• Oversight
However, we believe that a solution that provides continuity of service in the event of default merits further consideration and it is this belief that has lead us to the decision to issue this paper for comment.
The whitepaper which contains a link for feedback can be downloaded by visiting the CityIQ web site.
CityIQ is a specialist consultancy that provides advisory and delivery services to organisations in the Financial Services Industry. Covering investment management and all aspects of the investment process, CityIQ is well known for its expertise in the areas of project and programme management, business analysis and technical architecture.
Paul Wiltshire
CityIQ Ltd
Token House
11-12 Token House Yard
London
EC2R 7AS
0207 073 2925
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