Ultimus’ Director of Middle Office Services, Mike Ciotola, recently sat down with Bill Hortz, Dean and Founder of the Institute for Innovation Development, to discuss the impact that technology trends are having on both money managers and the financial services industry.
In the following Q&A article, they examine how both large and small investment firms need to think outside the box to take advantage of developing technology and to streamline their operations by strategically outsourcing their middle office services. Ciotola also provides case study examples of advisers that looked to accelerate their business growth by outsourcing.
To shed further light on this outsourcing topic, Ciotola identifies key benefits and challenges regarding outsourcing middle office functions. If done correctly, it can be a very strategic and competitive decision. To learn how to transition these functions, plus the steps involved read the full Q&A article.