Doing Business in China The credit squeeze has been a wake-up call for the financial sector, which is being forced to revisit its outsourcing strategies.
The industry has historically accounted for 30 per cent of global outsourcing activity, according to Technology Partners International (TPI), a sourcing advisory company. But this has recently fallen to about 15 per cent and the total value of contracts awarded for banking outsourcing is down 54 per cent so far this year.
