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2019 | OriginalPaper | Chapter

4. Inside Global Outsourcing in Banking and Finance

Authors : Eleni Lioliou, Leslie P. Willcocks

Published in: Global Outsourcing Discourse

Publisher: Springer International Publishing

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Abstract

GIB is a major European bank with operations in more than 75 countries spread across Europe, the USA, and the Asia-Pacific. In 2012 it had more than 80,000 employees and provided a range of investment and financial services to individuals, corporations, and institutional clients. PV is a major IT company that provides a variety of products and services including software, BPO, and infrastructure management services and it is one of the primary vendors of GIB. PV is based in India; it employs about 55,000 people and is one of the country’s largest IT service exporters. GIB and PV have a long-standing outsourcing relationship. The project under examination was called X-RAY and had three objectives:

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Footnotes
1
GIB and PV are made up acronyms to anonymize the bank and the service provider.
 
2
Figures all relate to 2012.
 
3
DSL is an acronym for the internal IT department.
 
Literature
go back to reference Willcocks, L. P., & Craig, A. (2008). The Outsourcing Enterprise: Building Core Retained Capabilities. Logica Internal Report. Willcocks, L. P., & Craig, A. (2008). The Outsourcing Enterprise: Building Core Retained Capabilities. Logica Internal Report.
go back to reference Willcocks, L., Cullen, S., & Craig, A. (2011). The Outsourcing Enterprise: From Cost Management to Collaborative Innovation. London: Palgrave.CrossRef Willcocks, L., Cullen, S., & Craig, A. (2011). The Outsourcing Enterprise: From Cost Management to Collaborative Innovation. London: Palgrave.CrossRef
Metadata
Title
Inside Global Outsourcing in Banking and Finance
Authors
Eleni Lioliou
Leslie P. Willcocks
Copyright Year
2019
DOI
https://doi.org/10.1007/978-3-319-74045-4_4

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