Amicorp BPO offers Trust Outsourcing Services to its clients

As businesses throughout the Financial Services industry face serious challenges in the current turbulent environment, pressure on reducing costs continues to grow. As a result, the importance of cost-effective back-office activities, including accounting, financial administration and governance in Trust and Company Management operations is bigger than ever.

One way banks, trust companies and similar organizations can maximize the relationship value of providing trust and wealth management services while minimizing costs is by strategically outsourcing various components of providing those services.

Amicorp BPO Services is aware of these needs and offer the possibility to outsource all or part of the Trust back office operations in an effective and economic way to enable companies to focus on its core activities

Amicorp Trust and Company Management outsourcing services include:

  • Client level (the bank trust department) – Supporting services for Internal Administration, Management Reporting and Time Registration
  • Customer level (the clients of the bank trust department) – Supporting services for Compliance, Government Filing, Accounting & Tax, Legal Services and Invoicing & Collection

The benefits cannot be underestimated. Depending on the size of the department and complexity of the services provided, it is not unusual to reduce the core costs of providing trust and related wealth management services by 50%, or more, by strategically outsourcing trust administration and operations.

In addition to achieving the benefits of reduced overhead, outsourcing trust administration and operations offers trust department managers an opportunity to examine business practices and methods that could simultaneously reveal significant revenue enhancement opportunities.

 

For more information of those services please contact:

Hanno de Vriend  h.devriend@amicorp.com
+34 93 208 2581

Mar Hernandez
m.hernandez@amicorp.com 
+34 664 498 684

Or visit www.amicorp-bpo.com