Abstract
Overview
Introduction
Wealth managers' investment expertise and boutique environment can often lead
them to establish market leading in-house services and bespoke investment
product capabilities. However, with these products unavailable to the rest to
the market wealth managers often miss out on the full benefits that this
expertise can bring.
Scope
- Covers the issue of insourcing with examples from Germany and Switzerland.
- Includes insight from executives of several major banks.
Report Highlights
Insourcing provides an opportunity to offset at least some of the huge
investments that the large banks have to feed into IT systems and compliance
issues, and analyst teams. Insourcing is expected to increase in the coming
years - those who forge relationships now will find themselves in a much
stronger position as the market grows.
A key differentiator is essential for the customer bank to see a benefit in
outsourcing. UBS, for example, considers its key advantage to be the front to
back solutions which are offered for several product segments. Since pure
transactions are commoditized, UBS focuses on high quality front end services,
such as top research, analytics and advice.
Reasons to Purchase
- Gain insight into the pros and cons of insourcing in the European market
- Understand how insourcing is currently being managed by major banks
- Discover how to maximise the potential offered by insourcing