NEW YORK-Outsourcing isn't just for the back office anymore. As the practice of contracting out certain middle and even front-office operations becomes increasingly common among asset management companies, it's not getting any simpler, said speakers at the second annual FSO Knowledge Exchange Asset Management Industry Outsourcing Forum here last week.
"It will cost money. It will take energy. It will be difficult. Period," said Adam Schneider, a principal with New York-based Deloitte Consulting.