Almost a decade and a half ago, a few companies capitalized on Internet technologies to ship work out of the US to countries with cheap labor. Over the last few years, Internet technology, aided by the current economic times, has helped a few fast-growing US companies to successfully compete with the offshore model developed in [...]
Tags: Global Expertise, Industry Situations, Onshoring, Outsourcing From Home
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Northern Trust (NASDAQ:NTRS) has been selected to provide investment operations outsourcing services for over US$1 billion in assets for London based investment management start-up, Independent Franchise Partners (IFP). As part of the mandate, Northern Trust will provide custody, trade services, fund accounting, transfer agency, performance measurement and client reporting. “We were impressed by Northern Trust’s [...]
Tags: Legal Outsourcing, Onshoring
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Systems in Motion is taking advantage of an educated, available workforce and state incentives in opening an IT services operation in Ann Arbor, Mich., that it hopes will employ 1,100 people in five years. Michigan’s unemployment rate, at 17.5%, is among the nation’s highest. At the same time, the state boasts a large pool of [...]
Tags: North American Outsourcing, Onshoring
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