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Fund Administration Outsourcing and the Emerging Alternatives
Taking a closer look at the Central Bank of Ireland’s “Dear CEO” letter and the alternatives to Outsourcing.
Outsourcing remains a key priority for The Central Bank of Ireland (“CBI”). This can been seen from recent CBI speeches and publications.
Most note-worthy of these is the recently issued “Dear CEO” letter to all Irish regulated Fund Administrators detailing observations and recommendations for Fund Administrators who outsource fund administration activities. This Deloitte paper outlines the key points from this letter and highlights the alternatives to Outsourcing which should be considered by all Fund Administrators.