Advent Software, the US software provider to the alternatives and wealth management industry, has issued a White Paper report on the issue of outsourcing, which has become critical to managers dealing with mounting costs stemming from the financial turmoil.

“In today’s current climate, a great deal of weight has now been put on these aspects of a business and the paper goes into detail on areas such as client reporting, performance reporting and regulatory reporting – all key areas,” according to a spokesperson for Advent.

The White Paper document can be viewed in full here.