Financial services executives are faced with continuous pressure to reduce operational costs while maintaining rigorous compliance. Outsourcing is regularly employed to drive cost efficiency in certain business functions; however, it is not always top-of-mind for operational functions that have a compliance component. Today, technology advances by both regulatory filing offices and commercial solution providers have brought outsourcing Registration and Licensing operations into the realm of reality. While financial savings was the primary initial driver of the move to outsource entire business functions, firms now look to outsourcing to yield other benefits that have equal importance. Outsourcing enables the firm to maintain focus on core competencies and drive mission-critical business imperatives forward while establishing scalability for immediate response to changing business needs.