Outsourcing and Compliance Responsibilities

In the broker-dealer industry, firms are always looking for ways to increase efficiencies while reducing budget constraints.  One way that this is accomplished is through outsourcing certain functionalities to third-party service providers.  What areas do firms commonly outsource?  It runs the gamut – everything from IT services and website development, office cleaning and maintenance services, accounting/payroll activities, order management services and quote providers, AML/OFAC screening and technologies, to legal services and back-office compliance and Read More…