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Running Mechanism And Risk Control Research Of International Financial Services Outsourcing

Posted on:2009-12-11Degree:MasterType:Thesis
Country:ChinaCandidate:P F WanFull Text:PDF
GTID:2189360245488053Subject:International Trade
Abstract/Summary:PDF Full Text Request
International financial services outsourcing is emerging field of financial services. From the international point of view, the financial services industry outsourcing industry are in the life cycle of high-speed growing, especially the rapid development in recent years. Although China's financial business outsourcing has a late start, but it begin to show the trend of accelerated development. In the financial services outsourcing overall understanding of our study is not thorough enough, but in the actual operations there have been a variety of issues should be brought to our attention.International financial services outsourcing has been developing over the years, and formed a sound basic running mechanisms, in particular for the main contract supplier as the United States, Japan and major contract receiver as a country of India, etc. In this paper, the international financial services outsourcing running mechanism is concluded, and get the reference points, including the specific mechanism Cause, decision-making mechanism, the implementation mechanisms, monitoring and evaluation mechanisms. Cause mechanism for moving is explained from two angles both inside and outside. The decision-making mechanism give two decision-making model and discuss how to choose the model. Implementation and supervision mechanisms focus on the financial services outsourcing process, and evaluation mechanisms are given two evaluation criteria. Induction of running mechanism can improve the international financial services outsourcing. In the entire mechanism and the process, because most of trans-regional, it is inevitable there will be a wide range of risks, such as country risk, strategic risks and risk of contracts. So it needs the research of risk control. From the probability and intensity of the risk in risk measurement, risk control needs two aspects. Not only requires financial institutions to strengthen their own internal risk prevention from the financial services outsourcing of the process, it also requires financial supervision to strengthen the regulation of financial services to promote the healthy and orderly development of outsourcing from the angle of the government. The combination between Running mechanisms and risk control can develop the international financial services outsourcing business.In our situation, we must learn from the mature international financial services outsourcing model of developed firstly because of the short history of development, and then evaluate China's current outsourcing model. For the development of China's financial services outsourcing business, we raised several specific strategies. Strategies include from planning the development of the financial services outsourcing strategy to the focus on training a group of people familiar with the outsourcing business. For financial institutions, it is necessary to regulate financial institutions in the financial services and guide financial institutions to draw up a contingency plan. Improve financial institutions of Internal Oversight evaluation mechanism and strengthen their awareness of the risks of outsourcing training. To the financial regulatory bodies, they should strengthen the external supervision, improve international service level agreements and improve relevant laws and regulations.
Keywords/Search Tags:outsourcing, international finance, financial outsourcing, risk control
PDF Full Text Request
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