About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Keeping a Team Onshore to Monitor Data Quality is Key, Agrees Offshoring and Outsourcing Panel

Subscribe to our newsletter

Institutions should keep a small team of data experts on board in order to adequately monitor that service level agreements are being met by outsourcing providers and data requirements are being catered to by offshore teams, agreed FIMA 2008’s panel on offshoring and outsourcing.

Susan Outzen, business relationship manager in the enterprise data management (EDM) division at HSBC, talked about her previous experience at UBS, where the bank kept a small team onshore to deal with high risk data while they outsourced the low risk data. “It was good to have that expertise remaining in-house to monitor what was going on and reacting to any problems that the outsourced unit experienced,” she explained. HSBC has decided to take the offshoring approach to deal with capacity issues and increase their data capacity across the organisation, Outzen continued. “It was not primarily driven by cost savings because these were only around 25-30%,” she said.

Predrag Dizdarevic, president of KonsultLab and chair of the panel, recommended finding a good onshore team to control the outsourcing or offshoring relationship. Jean Pierre Gottdiener, independent consultant, seconded this notion and urged firms to hire an “available and aware” team. “The staff needs to be aware of the issues that may crop up and the service level agreement must be very clear,” he added.

Dizdarevic listed some of the potential pitfalls within outsourcing agreements for the delegation and these included issues such as liability when a vendor makes a mistake, complications in the internal delivery of data and meeting certain legal requirements. He said that pricing could also be an issue: “Don’t expect these vendors to offer a commoditised price because this business is in the early stages of development and they are likely to charge higher one off project rates.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Unpacking Stablecoin Challenges for Financial Institutions

The stablecoin market is experiencing unprecedented growth, driven by emerging regulatory clarity, technological maturity, and rising global demand for a faster, more secure financial infrastructure. But with opportunity comes complexity, and a host of challenges that financial institutions need to address before they can unlock the promise of a more streamlined financial transaction ecosystem. These...

BLOG

13 Leading AI-Based Data Management Capability Providers

Institutions are facing huge operational burdens as they ingest huge volumes of data, demand real-time analytics and face stringent regulatory scrutiny. Consequently, the new data landscape is rendering traditional data management systems inadequate for the growing number of use cases to which data is being deployed. This has necessitated a shift towards modern data management...

EVENT

ExchangeTech Summit London

A-Team Group, organisers of the TradingTech Summits, are pleased to announce the inaugural ExchangeTech Summit London on May 14th 2026. This dedicated forum brings together operators of exchanges, alternative execution venues and digital asset platforms with the ecosystem of vendors driving the future of matching engines, surveillance and market access.

GUIDE

Regulatory Data Handbook 2025 – Thirteenth Edition

Welcome to the thirteenth edition of A-Team Group’s Regulatory Data Handbook, a unique and practical guide to capital markets regulation, regulatory change, and the data and data management requirements of compliance across Europe, the UK, US and Asia-Pacific. This year’s edition lands at a moment of accelerating regulatory divergence and intensifying data focused supervision. Inside,...