Risk Assessment Of Financial Services Outsourcing

Financial services outsourcing come from the application in practice of enterprise's core competitiveness theory. To control costs and achieve strategic objectives, the business activities of global financial services industry are being transferred from themselves to the outsourcing provider to bear the responsibility. From the global point of view, the financial services outsourcing is in a life cycle of high-speed growth, especially in recent years has developed rapidly. This trend is also reflected in our country, but compared with developed countries, is still in the trial and the exploratory stage. Practice has proved that outsourcing of financial services which can strengthen the core competitiveness of financial institutions, to avoid business risks and reduce operating cost, is becoming a new enterprise business strategy rapidly. At the same time outsourcing of financial services companies also face many risks, if the implementation of the outsourcing of financial institutions can not identification, analysis, evaluation and control the outsourcing risk commendably, then the financial institutions not only fail to benefit from outsourcing, but also may get great loss. Therefore, identification, analysis, evaluation and control the risk in financial services outsourcing processing is a very valuable research topic.This paper summarizes at home and abroad on the basic theory of risk, business risk and financial services outsourcing risk of Research, then design and built the financial services outsourcing model for risk analysis framework. Based on the theory and framework model, use structure risk matrix and the Borda method to build the financial services outsourcing risk assessment system. Combination data from launching questionnaire investigation to assess the risk of corporate financial services outsourcing. The risk factors of outsourcing of financial services to enterprises are arranged according to conclusion of risk matrix assessment, then find the key risks of outsourcing of financial services and put forward the method and strategy to control the key risks to make financial services outsourcing risk management program more accurate, pertinence and effectiveness which can provide the basis gist to make risk decision-making for financial institutions, and provide reference for inspection and reducing the risk of financial services outsourcing in reality.