Benefits of Outsourcing

Fund and corporate administration can seem like a mountainous task, filled with hidden challenges, and unpredictable conditions. And in an evolving landscape of regulatory requirements and operational complexity, you may be considering how to streamline your operating model to reduce pressures on costs and optimise your performance.

Industry players are increasingly finding a solution to these challenges through outsourcing their operational requirements to a trusted partner, alleviating their administrative burden and allowing them to focus on the other aspects of their business. Outsourcing offers significant benefits in the form of operational efficiency, cost savings, and access to specialised technology and expertise.

In this article we explore how outsourcing can benefit your business, today and in the future.

Transparency and efficiency of costs
At a time where market uncertainty and increasing overheads can create pressures on margin, it is crucial to keep operational costs under control. An outsourcing partner can provide the predictability and comfort of a transparent pricing structure - agreed upfront, so there are no unwelcome surprises. In addition, lowering your internal cost base through outsourcing of operations makes it easier to flex and scale your requirements as they evolve over time. And what’s more, administrators can leverage their technology, global relationships and infrastructure to create economies of scale, so that you can get better value for your money.

Access to expertise & top talent
As specialists in fund administration, outsourced providers are continually horizon-scanning to ensure they are up-to-date with the latest developments in the industry and remain ahead of the regulatory curve. A robust control framework, reinforced with layers of oversight, ensures strong risk management. Day-to-day operations are overseen by a dedicated team with asset class and technical expertise, who have strong working relationships with local regulators and are able to provide multi-jurisdictional structuring support that best fits with your goals. And in an environment where finding (and retaining) talent is an ongoing challenge, it is reassuring to rely on a solid, stable team who can act as an extension of your business.

Top tier technology & data insights
By outsourcing your middle and back office operations, you can take advantage of advances in technology without the continual investment required to upgrade your own systems. Your outsourced provider can provide a robust platform for accounting and administration that can be tailored to your requirements, making spreadsheets a thing of the past – supplemented by top tools that facilitate enhanced reporting and provide data insights that support your investment activity.

Ability to streamline and scale your business
As specialists in fund, trust and corporate administration, outsourcing providers have in place streamlined processes, enhanced through automation, ensuring that your operations run smoothly and efficiently. They are well positioned to meet investor demands through timely and accurate reporting. Further, a dedicated outsourcing partner has the resources to grow alongside you, ensuring you are not held back by the time and investment required to scale your operations internally – leaving you free to focus on delivering results for your clients.

How can Yasira help?
Yasira is an independent, end-to-end provider of professional administration solutions to fund managers, family offices, sovereign wealth funds and banks. Our agile operational and administrative framework allows our clients to adapt to whatever challenge may arise, as we guide you through the complexities of fund administration to reach maximum efficiency. We pave the path for smoother operations, allowing you to focus on financial return.