Outsourcing is always a strategic decision for a financial institution to make. This is mostly due to the potential consequence of poor outsourcing services. What do you do if you have a day-end run error and the firm outsourced to is unable to respond in good time?
The truth is that outsourcing may or may not be a good decision for a bank. Every case must be considered on it's own merits. Naturally there are strategic, technical, financial and data confidentiality issues to be considered in making this decision.
If one considers a typical T24 site, running T24 on Universe or JBase and on Unix....
These are three different skillsets required. Unix skills would be required to perform system administration requirements, Universe or JBase skills would be required for development and database maintenance, and T24 skills would be required for banking activities.
Maintaining an in-house skills base is often expensive and losses of skilled staff could jeopardise the operations of the company on a long term basis. We believe that this is where South Atlantic Solutions could justify the case for outsourcing.
Our skills base for outsourcing includes Unix, Universe, JBase, T24, T24 products supported by us and any other in-house developments we are involved in.
Our outsourcing package could cover a significant portion, or the entire aspect of your “IT” operations. Any function which is normally carried out under a support agreement could be covered by an outsourcing contract.
We also endeavour to make outsourcing financially sensible by offering competitive prices. |