It is common for (financial) parties and institutional investors, such as pension funds, to outsource certain (core) tasks and processes to group companies or third parties, such as administrative processes, management services and cloud services. When activities are outsourced, parties must comply with a range of regulatory requirements and internal policies in relation to outsourcing. After all, the risk associated with outsourcing remains with the management of the outsourcing party. If done badly, outsourcing can result in poor services, conflict of interests, higher risks and costs, and senior executives losing their jobs. We help you not lose sight of the ‘bigger picture’. We have extensive expertise in providing strategic advice and to help you prepare the necessary internal policies. We conduct pre-outsourcing analysis, undertake due diligence, draft and negotiate outsourcing agreements and ensure that the agreements comply with regulatory requirements and internal policies and help you plan an exit strategy. To make sure you are in control, we are able to periodically check the outsourced party.
