Outsourcing, once seen as a practice suited mainly to community banks, has become increasingly popular with the nation's largest institutions.

According to Computer Based Solutions Inc. of New Orleans, 26% of outsourcing contracts signed in 1994 were with financial institutions with more than $10 billion in assets. Only 6% of the contracts were with banks in that category in 1993.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.