What services are financial institutions most commonly
outsourcing?
There are various types of services that financial institutions
and fund managers look to outsource depending on their size,
budget, in-house capabilities, and purpose. In the Investment Funds
arena, most funds do not have employees, and therefore hire a
variety of service providers to accomplish their objectives. A Fund
or Fund Manager may outsource its tax compliance function, its
bookkeeping or accounting, its administration, its IT services,
trading or many other functions.
You direct DMS' team of outsourcing specialists –
what does this involve?
If you're looking at the Fund itself, at DMS we can assist
the Fund and ensure that it's compliant with its International
Tax Compliance obligations, by providing a fully outsourced
solution for the Fund, by taking care of the registration of the
Fund for its GIIN (Global Intermediary Identification Number) on
the IRS portal, being the Responsible
