Few financial institutions have had success in fully outsourcing their IT applications development and maintenance (ADM) functions, as a handful of notable experiments have convinced most that the risks are not worth taking. We believe it may be time for firms to reconsider their approach to comprehensive ADM outsourcing.
In Oliver Wyman’s new report Is Full Applications Outsourcing Back on the Table in Financial Services?, we aim to debunk and demystify the conventional wisdom surrounding full ADM outsourcing and help institutions embrace a more deliberate, systematic approach to assessing the potential benefits and associated risks.
