Tag: Allied Irish Bank

Allied Irish Bank Becomes First Financial Institution in Europe to Outsource Global Trade Processing End-to-End | Article

Allied Irish Bank Becomes First Financial Institution in Europe to Outsource Global Trade Processing End-to-End | Article

The bank’s software provider announced it would no longer support its banking application. AIB had to determine whether to outsource or purchase a new system. Outsourcing was more expensive until ABN AMRO opened an office in India reducing fees by 60 percent. Outsourcing today does much more than save money.