- In February 2023, BNY Mellon introduced new cloud-based AI technologies to enhance back-office analytics. These advancements aim to streamline labor-intensive tasks, automate workflows, uncover actionable insights for improved decision-making, and identify critical anomalies to support risk management teams
- In February 2023, Workday unveiled a new industry program designed to accelerate cloud transitions for its clients, supported by an expanded partner ecosystem. This initiative enables Workday customers to access a robust network of industry expertise, fostering greater innovation and tailored solutions in transforming finance, human resources, planning, and supply chain operations
- In February 2021, Northern Trust Corporation collaborated with IHS Markit to integrate its middle-office outsourcing platform with thinkFolio, a multi-asset class investment management platform. This partnership aims to provide mutual institutional clients with innovative solutions and services, enabling Northern Trust to better address customer needs in the market
- In April 2020, BNP Paribas partnered with BlackRock to deliver seamless, end-to-end investment management capabilities to mutual clients. Through this collaboration, BNP Paribas utilizes BlackRock’s Aladdin Investment Book of Record as a trusted data source to enhance its middle-office outsourcing services. This partnership has strengthened BNP Paribas’ offerings and supported its growth in the market
Frequently Asked Questions
The market is segmented based on Segmentation, By Offering (Foreign Exchange and Trade Management, Portfolio Management, Investment Operations, Liquidity Management, Asset Class Servicing, and Others), Deployment Model (Cloud and On Premises), End User (Investment Banking and Management Firms, Asset Management Companies, Stock Exchanges, Broker- Dealers, Banks, and Others) – Industry Trends and Forecast to 2032
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The Global Middle Office Outsourcing Market size was valued at USD 8.48 USD Billion in 2024.
The Global Middle Office Outsourcing Market is projected to grow at a CAGR of 10.6% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
