advent.com WHITEPAPER Technology and Operations Outsourcing A Guide for Asset and Wealth Managers2 | Technology and Operations Outsourcing: A Guide for Asset and Wealth Managers New ways to work: The changing face of outsourcing Not long ago, technology and operations outsourcing in the investment management industry was largely regarded as a way for firms to reduce their IT overhead and back-office burdens. It offered a turnkey solution for firms to take advantage of advanced technology and operational expertise without incurring a big investment in hardware and software, system maintenance, or IT and back-office staff. Of course, in order for outsourcing providers to deliver at scale, they could not allow for much individual customization. Every client essentially rec

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