An asset manager's guide to choosing a managed services provider: seven key criteria in selecting a provider

This white paper explores the growing trend of investment firms moving to a managed IT services model, driven by the increasing complexity of maintaining secure and scalable infrastructure. While IT represents a critical component of competitive advantage, managing it in-house can strain resources and expose firms to risks such as aging systems, key person dependency and cyber threats. 

The paper highlights the benefits of outsourcing IT to managed services providers (MSPs), particularly those with expertise in the investment sector. Key advantages include reducing IT overhead, strengthening security, minimising risk and enabling firms to focus on core investment activities. Additionally, it outlines the criteria asset managers should consider when selecting a provider, such as scalability, technology expertise and robust security solutions, offering seven key insights into how MSPs can help firms navigate technology challenges and regulatory demands while maintaining business continuity.