In a recent discussion with Asset Servicing Times, banking and markets specialist Pino Vallejo challenged the perception that managed services introduce risk. Instead, he positions them as a strategic response to some of the most pressing challenges facing financial institutions today. With staffing shortages and escalating employee costs continuing to strain operational models, managed services offer a way to maintain resilience without compromising efficiency.
He argues that outsourcing certain functions is not about relinquishing control but about enhancing it. By leveraging specialist providers, firms can access deep expertise and advanced technology without the overhead of building these capabilities in-house. This approach not only alleviates recruitment pressures but also mitigates operational risk by introducing standardised processes and robust compliance frameworks.
The conversation also highlights a shift in mindset: managed services are no longer viewed as a cost-cutting measure but as a value-driven solution that supports scalability and innovation. In an environment where regulatory demands and market volatility are intensifying, the ability to adapt quickly is critical. He emphasises that managed services enable institutions to focus on core strategic priorities while ensuring that essential operations remain secure and efficient.
This perspective reinforces how managed services are evolving from a tactical option to a cornerstone of modern financial operations, helping firms navigate complexity and maintain competitive advantage in a rapidly changing landscape.
Read the full story here (pp 22 onwards).