Financial trade promoted as banking and IT flourish

The authorities of Nanjing hope to combine the city's advantages in finance and service outsourcing industries to speed the development of the local financial outsourcing industry, Vice Mayor Wang Shouwen said at a recent financial outsourcing matchmaking meeting.

As an important part of the third China International Service Outsourcing Cooperation Conference , the matchmaking meeting attracted over 120 top executives from financial institutions and service outsourcing enterprises.

Financial outsourcing is used for financial institutions to outsource non-core and costly operations, from data processing and call centers, to accounting.