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Title: From Mergers to Mega-Deals Five Trends
Industry: General
Author Name: Robert E. Zahler
Date: Jan 5, 2006
Description: Historically, financial services companies of all types have been leaders in adopting various forms of outsourcing. It is not too surprising to understand the reasons why this has been so. Such companies tend to spend a larger portion, in comparison to other industries, of their revenue on what typically is referred to as back-office support. This includes not only information technology (IT) functions, but also a broad array of data and paper-handling activities. Financial services organizations also have numerous customer-facing functions, whether in-person through tellers, retail stock brokers, or insurance claims adjusters; by phone through massive call center operations; or in an automated function over the Web or through an ATM.

Title: Flexible Contracting
Industry: Business Process Outsourcing Provider
Author Name: Jeffrey B. Andrews
Date: Jan 5, 2006
Description: Structuring any outsourcing transaction requires careful planning. In today's environment, customers would be well-advised to ensure that the structure of their outsourcing transactions includes preserving the ability to engage in multi-process outsourcing or MPO transactions. To preserve this ability, customers should incorporate terms and conditions into their outsourcing contracts that enable ongoing flexibility in their relationships with multiple outsourcing suppliers.

Title: The EUs Alternative Model for the Transfer of Personal Data
Industry: Banking,General
Author Name: Mark Prinsley
Date: Oct 5, 2005
Description: On December 27, 2004, the EU Commission published an alternative set of model terms that can be used to satisfy the requirements of EU Data Protection Legislation. The EU Data Protection Legislation regulates the basis upon which personal data can be transferred from a data controller in the European Economic Area (EEA) to a data controller or a data processor located outside the EEA. Personal data can only be transferred by a data controller within the EEA to a person located outside the EEA if the requirements of the EU Data Protection Legislation are met. There are a number of ways in which these requirements can be satisfied, including, in the case of transfers to data controllers or data processors base in the US, where the recipient US company has signed up to the Department of Commerce Safe Harbor principles.

Title: Protecting Customer Data in an Outsourcing Relationship
Industry: Banking,Business Process Outsourcing Provider
Author Name: Sol Irvine and Akiba Stern
Date: Oct 5, 2005
Description: When a company with first-class processes is considering outsourcing, how does it preserve its investment in critical data gathering and protect itself from the risks inherent in handing those functions off to an outsourcing services provider? Think about the sorts of data that outsourcing customers entrust to their services providers even as early as the vendor selection process. Performance metrics. Operating expenses. Third party costs. Salaries.

Title: The ABCs (and ARCs, SOWs, SLAs) Of Call Center Outsourcing Contacts
Industry: Business Process Outsourcing Provider
Author Name: David Hudanish
Date: Jul 5, 2005
Description: Most consumers are not surprised if when they call 1-800-555-1234 the person answering the phone is in an outsourced call center. Due to increased media coverage of offshoring, many consumers also are not surprised if when they call 1-800-555-1234 the person answering the phone is in an outsourced call center in another country. What surprises most consumers and in fact many executives at financial institutions is the complexity of running a call center.

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