Abstract:This article examines the strategies of sourcing the middle office functions in financial institutions. While some functions, in particular the back office functions in financial institutions are popularly and successfully outsourced or co-sourced, it may not be appropriate to do so for sourcing the functions of middle offices. Outsourcing or cosourcing of the middle offices implies contracting out the risk management function of a financial institution partially or completely. This may reduce the effectivenes… Show more
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