Financial Services and Business Process

Why Wales for Financial Services and Business Process?

• Low cost base - lower property and salary costs can reduce overheads by 15 - 25%
• High profitability - incoming companies have increased turnover up to 450% within a year
• Established finance and business service centre - wide choice in supply chain
• Perfect base for multi-shore strategies - excellent transport and high speed communication links, time zone advantages and minmal operational risk
• Attract the best people, and keep them - staff turnover as low as 3%

Click here for some more facts on the Financial Services and Business Process sector.

Wales is a key location for international financial services and business processes. Combining some of the lowest start-up costs and the best funding packages in Europe, Wales offers huge opportunities.

Outsourcing and other firms can take advantage of lower-cost, low-turnover and highly skilled English-speaking staff, one of the most advanced communication networks in Europe, and a wide range of potential supplier partners.

No wonder Wales is already home to some of the world's biggest financial companies.

Here are some case studies from the Financial Services and Business Process sector.

Did you know? Since moving to Wales, Legal & General insurance reported that the cost of producing a protection policy reduced by 50%.