Outsourcing at a domestic and international level is an integral part of many firms operating models within the FS sector. Whether it is outsourcing specific functions, skill sets or individual projects - organisations rely heavily on the relationships with their outsourcing providers - trusting them in protecting from any reputational risk to the company and brand.
With many of these external relationships being in place for a number of years, it is widely acknowledged that continuing to make the process work can pose challenges particularly as business activities and requirements evolve.
What can organisations do to get the most from these external relationships? What are the challenges and opportunities working with Third Party Vendors/Outsourcers? How do you measure performance?
At the next SIO forum on 19th May, a panel of experts will consider how to sustain outsourcing relationships from the perspective of the vendor and the customer.
Hosted at PwC's offices in Edinburgh, the panellists will share real life examples and case studies focussed on contractual and relationship principles when working with a Third Party Vendor/Outsourcer as well as some key challenges and opportunities of working with non-contracted parties.
Representatives from TRAX, a trade matching, regulatory reporting and market data provider, will also share their experiences on how to manage outsourcing relationships to optimise the benefits and how clients can monitor performance.
Both sessions will be interactive and include Q&A and round table discussion time to discuss the key themes.
Open to new and existing SIO members, we are looking forward to a lively and interactive session. Final places remaining, book now to avoid disappointment: http://www.sio.org.uk/event/sio-forum-leveraging-third-party-vendors