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Out of office

Out of office

Source: Deloitte

Offshoring is saving the financial services industry an estimated £4.5 billion a year, up from around £2.5 billion a year ago, propelled by an 1800% increase in headcount over the last four years, according to the latest 'Global Financial Services Offshoring Report' by Deloitte.

Financial services continue to lead the way in offshoring. Many of the world’s major financial institutions are continuing to set the offshoring benchmark. As offshoring matures, the gap between the best and the rest widens. This report charts the widening gulf across the financial services industry. It outlines how a small number of financial firms are outperforming the rest of the industry.

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