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Outsourcing “Down Under”: The Impact of a Recession in the Australian Market on Banks | Blog

Everest Group

With Australia facing a looming recession, outsourcing is emerging as a solution for banks and financial institutions to navigate economic uncertainty, improve efficiency, and find expert talent. Will banks suffer? In one word: Yes. Financial services have been significantly impacted by the Australian recession.

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The Rise of Retail Investors in Global Capital Markets | Blog

Everest Group

Read on to understand the new global capital market trends, the staying power of retail investors, and the impact on investment banks, asset and wealth managers, and service providers. As illustrated below, overall global equity issuance was stagnant from 2017-2019, while global debt issuance has been steadily rising since 2017.

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Development deep dive: how many software engineers in the US?

The Scalers

What to consider before collaborating with an offshore partner. And, from 2001 to 2017, there was an increase in software developers in America alone by an astounding 135%. . While everyone from automakers to banks were slowly becoming software centric , this diversification was hastened by a changing landscape. Find out more.

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The Challenges in the Fintech Sector and How Offshoring can Help

AS White Global

In our previous blog , we discussed the benefits of offshoring to business owners that have fintech capabilities. Now, we take a look at the current challenges that businesses are facing with regard to fintech and how offshoring can provide future-proof solutions for continuous growth. Adapting to innovations can be daunting, at first.

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Canadian Companies That Outsource and Why They Keep on Outsourcing

Magellan Solutions

Whether locally, nearshore or offshore, you can now easily find a reliable outsourcing partner regardless of your business size or industry. Canadian Imperial Bank of Commerce (CIBC). Headquartered in Toronto, the Canadian Imperial Bank of Commerce (CIBC) is one of the “big five” Canadian banks.

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7 inspiring digital transformation success stories

The Scalers

Back in 2017, IKEA purchased the online service TaskRabbit to help customers who dont like assembling their own furniture a foray into software. Medionalum built a scalable offshore analytics team, modernising processes and driving smarter investments. Our development team in Bangalore has been transformative for Hesus.

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What are the Strategic Advantages of IT Outsourcing?

Magellan Solutions

Popular models of IT outsourcing include the following: Offshore outsourcing involves contracting overseas partners to deliver IT services, utilizing cheaper foreign talent and expertise. Businesses find the advantages of offshore outsourcing crucial. Dedicated offshore teams work without any geographic restrictions.