In today’s environment of rising regulatory demands and increasing cost pressures, investment management firms and multinational companies are focused on streamlining operations while ensuring compliance across multiple jurisdictions. Nearly 80% of investment management (i.e., fund) firms outsource significant back-office functions, with a third exploring further expansion, according to a survey by Hedgeweek. Similarly, multinational companies outsource between 40% and 85% of their HR, payroll, accounting, tax, and entity management functions, based on industry sources.