4 ms·
Some kind of trust system or network to allow assured, secure outsourcing for large financial institutions which would in turn mean lots of little start ups doi
by songshu 11y ago
Some kind of trust system or network to allow assured, secure outsourcing for large financial institutions which would in turn mean lots of little start ups doing lots of little things well. Currently large banks, funds etc spend huge amounts doing back/middle office processes internally, or best case by outsourcing to similarly inefficient very large service companies. Costs are way too high. Financial experts with MBAs spend hours emailing each other spreadsheets instead of conducting their core business. The industry needs stronger mediation than that provided by simple contract law/service standards to enable outsourcing and general break up of supply chain that they are missing out on.