Special Reports » OTHER REPORTS » ROUND TABLE: Middle- and Back-office Outsourcing

Is the outsourcing of middle- and back-office functions a perfect partnership or a relationship based on strict roles? Henry Smith talks to industry pioneers on the major issues.

Henry Smith: Michael, when going through the process of outsourcing your middle and back-office to the Bank of New York, you chose to implement a gradual component by component transition, rather than a full blown lift out. Why was this, and what advantages did it offer you over the lift out?

— Richard Haas,Och Johnson

Henry Smith: A lot of institutional investors going into hedge funds for the first time, take the fund of hedge funds route. What are the main back-office issues facing funds of hedge funds and how can outsourcing help?