> Plus they're struggling to sell financial services as a viable career at the moment - though that's another example of where jobs are flowing East.
FinServ is a great target for offshoring, even better than software IMO. The tasks are more rote/routine and well defined which makes it much easier to send it to a cheap team in India. The big concern is the competitive advantage of the information but if you just work as a clearinghouse then it's not as big of a deal since the information is not proprietary.
A friend of mine works at a financial research offshoring company and they were just acquired by Moody's.
FinServ is a great target for offshoring, even better than software IMO. The tasks are more rote/routine and well defined which makes it much easier to send it to a cheap team in India. The big concern is the competitive advantage of the information but if you just work as a clearinghouse then it's not as big of a deal since the information is not proprietary.
A friend of mine works at a financial research offshoring company and they were just acquired by Moody's.