Latest Developments in Global Middle Office Outsourcing Market

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Latest Developments in Global Middle Office Outsourcing Market

  • ICT
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

  • In February 2023, BNY Mellon introduced new cloud-based AI technologies to enhance back-office analytics. These advancements aim to streamline labor-intensive tasks, automate workflows, uncover actionable insights for improved decision-making, and identify critical anomalies to support risk management teams
  • In February 2023, Workday unveiled a new industry program designed to accelerate cloud transitions for its clients, supported by an expanded partner ecosystem. This initiative enables Workday customers to access a robust network of industry expertise, fostering greater innovation and tailored solutions in transforming finance, human resources, planning, and supply chain operations
  • In February 2021, Northern Trust Corporation collaborated with IHS Markit to integrate its middle-office outsourcing platform with thinkFolio, a multi-asset class investment management platform. This partnership aims to provide mutual institutional clients with innovative solutions and services, enabling Northern Trust to better address customer needs in the market
  • In April 2020, BNP Paribas partnered with BlackRock to deliver seamless, end-to-end investment management capabilities to mutual clients. Through this collaboration, BNP Paribas utilizes BlackRock’s Aladdin Investment Book of Record as a trusted data source to enhance its middle-office outsourcing services. This partnership has strengthened BNP Paribas’ offerings and supported its growth in the market