Ocorian: Economic and geopolitical risks boosts outsourcing
Ocorian: Economic and geopolitical risks boosts outsourcing

Economic and geopolitical risks are boosting outsourcing and prompting companies to widen their investment focus, new global research from Ocorian shows.
More than half (52%) of major companies, asset managers working in alternative investments, family offices and wealth managers questioned in the study say they have already increased their areas of focus for investments to mitigate economic and geopolitical risks while nearly half (49%) say they have outsourced more to third parties to benefit from experts who have the knowledge and scale to deal with the ever changing landscape.
The research across the European Union, UK, US, Canada, South Africa, Asia and the Middle East which also included senior executives at capital markets companies and professional services providers found 60% plan to increase outsourcing more generally over the next 18 months. Whilst around half (48%) say they plan to increase investment in their businesses over the period with a third (34%) planning to increase M&A activity and 23% planning to diversify into new geographies or sectors.
The study sounded a note of caution with 26% planning to decrease their levels of investment and M&A activities, showing that sentiment is still divided amongst firms. Senior executives at major companies and asset managers working in alternative investments believe the banking sector will be most positively affected by the results of recent elections around the world. Around 71% say the sector will benefit while 51% say the insurance sector will be positively affected.