Asian brokers guarded on outsourcing, survey indicates

Only 34% of Asian brokerages are either outsourcing or planning to outsource parts of their post-trade processes, finds a survey by BNP Paribas Securities Services and Swift (Society for Worldwide Interbank Financial Telecommunication). The remaining 66% say they would not consider outsourcing, according to the poll of 50 Asian brokers across the region. By comparison, 60% of international brokerages say they are already outsourcing, or are considering it. BNP Paribas acknowledg…