Celent: Firms to Offshore 30K FinTech Jobs
FRONT PAGE: OUTSOURCING
NEW YORK—Celent Communications, a research and advisory firm serving the financial services sector, has issued a report predicting that as many as 2.3 million financial services jobs have the potential to be offshored, with subsequent shifting of $17.5 billion in operational and technical costs by 2010.
Of this amount, some 165,830 positions, or 7.21 percent of 2.3 million, in financial services IT are potentially at risk.
Celent analyst Michael Haney writes further in the report that, "the total
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