Monday, September 8, 2008

September 16-18 USAID Speaker's Corner on Outsourcing Options for Microfinance Institutions



September 16-18 USAID Speaker's Corner on Outsourcing Options for Microfinance Institutions

While outsourcing core banking systems could increase the efficiency and capacity of Microfinance Institutions (MFIs) and reduce their infrastructure costs, not all institutions are eager to take this step. MFIs are concerned about finding a system that works for their unique situation, fear losing control over sensitive client data, and worry about security risks. Moreover, they are not convinced outsourcing will lead to reduced costs.

Join the dialogue, September 16-18, to discuss the concerns, benefits, and decision criteria involved with outsourcing core banking solutions. Hosted by Alice Liu, independent consultant and author of a recent USAID-funded study on the use of outsourcing by U.S. banks, the forum will highlight real experiences and examples from the field. The discussion is supported by a broad panel of specialists in ICT for microfinance and banking IT, including James Godish (Catalyst Consulting Group), Gautam Ivatury (CGAP), Karuna Krishnaswamy (CGAP), Paul Meyer (Voxiva), Judy Payne (USAID), and Lauren Reese (CGAP).

Each day, participants are invited to share their own experiences, questions and comments in the discussion forum:

* Day 1 (September 16) – Outsourcing: Benefits and Decision Criteria. This day will introduce and define outsourcing and discuss its potential benefits.
* Day 2 (September 17) – Core Banking System Experiences from the Field. Lessons learned from core banking system implementations in the field.
* Day 3 (September 18) – Enabling Environment. A discussion of the enabling environment – including rule of law, regulations and oversight, infrastructure, market competition and target markets.

Sign up today: Please join us for this interactive dialogue. For more information and free registration, visit www.microlinks.org/sc/outsourcing. Send questions to Ashely Kiehnau at akiehnau (at) qedgroupllc.com.

Speaker's Corners are a monthly feature of the U.S. Agency for International Development's microLINKS Website, www.microlinks.org.

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