Feds Take Fresh Look at India BPOs

Fest, Glen
September 2005
Bank Technology News;Sep2005, Vol. 18 Issue 9, p1
Trade Publication
Reports on the U.S. Office of Comptroller of the Currency's monitoring of the foreign operations of American banks' captive sites in India. Monitoring of Indian business process outsourcing (BPO) companies; Major theft involving an Indian BPO; Visit to captive sites owned by nationally chartered U.S. institutions.


Related Articles

  • Philippines Situates Itself as Alternative. Krebsbach, Karen // U.S. Banker;Jun2005, Vol. 115 Issue 6, p15 

    Reports on U.S. banks and credit card companies' outsourcing of services to the Philippines. Appeal of the Philippines as an alternative to India; Range of banking services outsourced by U.S. banks to the Philippines.

  • Banking on outsourcing. McCarthy, Jack // InfoWorld;7/08/2002, Vol. 24 Issue 27, p34 

    Discusses the outsourcing activities of the financial services and banking companies in North America for the management of the noncore information technology operations. Reason for the decision to outsource; Benefits from outsourcing; Consolidation benefits to the Canadian Imperial Bank of...

  • Bankers weigh Added BPO as Compliance Demands Grow. Paton, Dawna // U.S. Banker;Sep2004, Vol. 114 Issue 9, p72 

    Reports on the increase in the number of banks in the U.S. outsourcing information technology (IT). Consideration of the notion of outsourcing entire business processes as an alternative to IT investment; Advantages and benefits of business process outsourcing other than cost savings.

  • Tech Help From Afar. Kulik, Peter // Bank Technology News;Jul2000, Vol. 13 Issue 7, p56 

    Reports on the trend among financial services companies in the United States of outsourcing its operations overseas. Response to the domestic technical labor shortage; Different forms where the firms have used offshore development; Areas where outsourcing is successful. INSETS: Managing...

  • Maximize Profits by Outsourcing Merchant Processing Sales & Programs. Knutson, Marla // Banking New York;Summer2008, Issue 6, p32 

    The article looks at the advantages of outsourcing merchant processing sales and programs by banks. Accordingly, financial institutions now understand the need to outsource the sales of non core banking products. It says that although any bank can outsource their merchant sales program and see...

  • Cost Becoming One Consideration Among Many Others.  // National Mortgage News;10/24/2011, Vol. 36 Issue 6, p9 

    The article focuses on issues being considered in outsourcing and mortgage industry, wherein cost savings and cost management are becoming one of the considerations being addressed by companies.

  • Euro Funds: Following Gartmore's Lead? Kentouris, Chris // Securities Industry News;2/9/2004, Vol. 16 Issue 5, p11 

    Reports on the decision of Gartmore Investment Management to outsource its European back office funds to HSBC. Percentage of the Tower Group operational cost on the total expenses of U.S. mutual funds; Background on the previous partnership of HSBC with Gartmore for fund accounting services.

  • Why You Should Rethink The ATM Outsourcing Model. Hoppe, Mark // Credit Union Journal;10/17/2005, Vol. 9 Issue 41, p6 

    The article talks about the ATM outsourcing deals in the U.S. Companies are gaining cost efficiencies and improved performance by turning to a single provider for their local, long-distance, and Internet services. It is important to recognize the drivers leading financial institution to...

  • Outsourcing on More In' Lists for Check Handling. Wade, Will // American Banker;12/11/2003, Vol. 168 Issue 237, p13 

    Two intersecting trends are driving more and more financial institutions to consider outsourcing their check handling operations, just as the imminent arrival of check image exchange promises to slash the costs of processing paper checks. The industry is gearing up for the widespread use of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics