News & Analysis as of

Outsourcing Information Technology

Benesch

Export Controls Evolving for Infosec Threats to Cloud, SaaS, IaaS, AI Platforms

Benesch on

The growth of cloud services, Software-as-a-Service (“SaaS”) and Infrastructure-as-a-Service (“IaaS”) arrangements, Artificial Intelligence (“AI”) models, and increased reliance on the use outsourced technology service...more

Opportune LLP

On-Prem Servers vs Azure Cloud: Choosing the RightAngle…

Opportune LLP on

In today's digital landscape, businesses face a choice when implementing RightAngle, do they use their existing on-prem servers and infrastructure, or do they create a new infrastructure and provision servers for the...more

Morgan Lewis

The Outsourcing Industry in 2024: Anticipated Challenges, Opportunities, and Hot Topics

Morgan Lewis on

Industry analysts are predicting significant increases in information technology (IT) and outsourcing spending in 2024, with some predictions being in the double digits. Surges in artificial intelligence (AI) use case...more

ClientsFirst Consulting

Seven Business Development and Marketing Success Strategies for Small and Mid-Size Law Firms

Small and mid-size law firms have many unique opportunities and challenges in the competitive legal industry ecosystem. Staying informed about the latest trends and adopting effective strategies is crucial for these firms...more

Morgan Lewis

What’s Driving Digital Transformation in the Financial Services Sector?

Morgan Lewis on

Through strategic outsourcing, companies in the financial services sector can improve the quality of services they offer to clients and increase internal operations by reducing inefficiencies—all while saving costs in key...more

BCLP

Cyber laws will be updated to boost UK’s resilience against online attacks

BCLP on

The UK government confirmed on 30 November 2022 that there will be changes to the UK’s cybersecurity regulations in response to a public consultation launched earlier this year. This follows recent updates relating to the...more

King & Spalding

Global Trends in IT Outsourcing

King & Spalding on

The IT sector has been demonstrating its value in the wake of the COVID-19 pandemic. As more businesses adopt hybrid or even permanent remote work, worldwide IT spending is forecast to reach $4.5 trillion in 2022 and expand...more

Epiq

Supporting the Hybrid Work Environment: Three Market Trends

Epiq on

The business world has changed drastically over recent years. A hybrid work model is now the new norm – especially in corporate settings. The virtual trend is even emerging in industries such as legal and healthcare which...more

Holland & Knight LLP

A Movement to Best-in-Class Providers and the Emergence of Multi-Supplier Integrators

Holland & Knight LLP on

While the primary goals of strategic outsourcing transactions continue to revolve around focusing on core competencies and leveraging cost savings, continuing technological innovation, changes in global labor markets and...more

Morgan Lewis - Tech & Sourcing

Outsourcing in Luxembourg: Prior Notification for Material IT Outsourcing

In late 2021, the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) published Circular CSSF 21/785 (the Circular), which introduced a more relaxed approach on the communication requirements in relation to...more

Association of Certified E-Discovery...

[Webinar] Do More with Outsourcing - How the Industry is Changing - October 28th, 1:00 pm - 2:00 pm EDT

Outsourcing in the legal industry has been around for quite some time, but things have progressed and it is so much more than just processing data. Mangalam’s reach into outsourcing now encompasses an entire suite of services...more

Goodwin

FDIC Seeks Comment on Supervisory Approach to Examinations During Pandemic

Goodwin on

In This Issue. The Federal Deposit Insurance Corporation (FDIC) is seeking information and comment regarding the FDIC’s supervisory approach to examinations during the pandemic; the FDIC’s tech lab, FIDTECH, announced a “tech...more

BCLP

Cloud, Data Centre Sale-Leasebacks and the Pandemic - Accelerating Trends for UK and European Regulated Firms

BCLP on

The COVID-19 pandemic has accelerated the two linked trends of financial institutions transferring their IT infrastructure to the cloud and selling their self-owned data centres in order to lease back only the reduced space...more

Association of Certified E-Discovery...

[Webinar] Do More with Outsourcing - How the Industry is Changing - June 24th, 1:00 pm - 2:00 pm EDT

Outsourcing in the legal industry has been around for quite some time, but things have progressed and it is so much more than just processing data. Mangalam’s reach into outsourcing now encompasses an entire suite of services...more

Opportune LLP

Top 5 Things You Should Look For In Your Business Process Outsourcing Firm

Opportune LLP on

Here are five things to look for in your business process outsourcing (BPO) firm. Using the right business process outsourcing (BPO) firm can help your business in many ways. From improving operations, eliminating...more

Morgan Lewis - Tech & Sourcing

UK Prudential Regulation Authority Clarifies Third-Party Risk Management Expectations

The UK Prudential Regulation Authority (PRA) published a policy statement (PS7/21) and a supervisory statement (SS2/21) on clarifying and modernizing regulatory expectations of outsourcing and third-party risk management on...more

Pillsbury - Global Sourcing Practice

Before You Sign—Options and Opportunity in IBM’s Latest Reinvention

Major mergers and spin-offs by IT service providers are rare, but when they occur (e.g., Xerox’s acquisition of ACS in 2010 and Atos’ subsequent acquisition in 2014, HPE’s 2017 spin-off of its Enterprise Services business and...more

Goodwin

COVID-19 Related Measures: Current State of Play for the Funds Industry in Luxembourg

Goodwin on

A variety of steps have been taken to accommodate managers working during the lockdown. As at 29 September 2020, these measures are as follows: 1. MORE FLEXIBILITY FOR THE GOVERNANCE OF FUNDS - On 20 March 2020, the...more

Opportune LLP

Top 5 Benefits Of Utilizing RPA Technology In Back-Office Outsourcing

Opportune LLP on

Here are the top five benefits of utilizing robotic process automation ("RPA") in back-office outsourcing functions....more

Goodwin

COVID-19 Related Measures: Current State of Play for the Funds Industry in Luxembourg

Goodwin on

A variety of steps have been taken to accommodate managers working during the lockdown. As at 22 June 2020, these measures are as follows: 1. MORE FLEXIBILITY FOR THE GOVERNANCE OF FUNDS...more

Opportune LLP

AI & Robotic Process Automation: Streamlining The Back-Office

Opportune LLP on

Find out why AI and Robotic Process Automation (RPA) technologies streamline the back-office by improving processing times, access to data and reduce costs. ...more

Latham & Watkins LLP

Report on IT Failures in the UK Financial Services Sector

Latham & Watkins LLP on

UK Treasury Committee report warns that the current level and frequency of disruption and consumer harm is unacceptable. On 28 October 2019, the Treasury Committee published a report on IT failures in the financial...more

Latham & Watkins LLP

Outsource Service Providers to the Financial Services Industry - A Growth Sector for Buyout Firms

Latham & Watkins LLP on

Technology outsourcing by financial institutions (FIs) has increased in recent years as FIs look to the latest innovations to improve their day-to-day business processes and to reduce costs. FIs outsource key functions to a...more

Morgan Lewis

Survey Reports on State of Outsourcing and Shared Services Market

Morgan Lewis on

KPMG Global Advisory and HfS Research reported in a joint survey that the outsourcing and shared services market continues to be in a state of change in 2017, pointing to a combination of business drivers and technological...more

Latham & Watkins LLP

Senior MP Calls for Regulatory Crackdown on Banks’ IT Systems: 3 Things You Can do to Prepare

Latham & Watkins LLP on

The recent cyberattack on Tesco Bank’s IT systems has prompted Rt Hon. Andrew Tyrie MP, Chairman of the Treasury Committee, to call on regulators to take action against vulnerable bank IT systems... ...more

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