Our team is ranked among the best outsourcing practices in Luxembourg. We have unrivalled expertise in IT outsourcing and advise on all aspects of outsourcing, including IP and licensing, regulatory (especially in the financial sector), employment, and corporate restructuring issues.
The context of outsourcing in the financial and insurance sectors is particular in Luxembourg. In addition to MiFID obligations, a specific legislation was introduced that applies to service providers who enter into outsourcing arrangements with financial institutions.
We are assisting leading global services providers and a variety of buyers and have significant experience with the implementation of outsourcing projects, also in ASP / SaaS mode.
With a sound understanding of the technical aspects, we advise on technology and employee transfers (TUPE), data protection, SLA’s, IP and related regulatory matters, including the setting up of Support PFS (those providers servicing financial institutions).
We are able to guide our clients through the drafting of all contracts and all schedules related to their outsourcing project. Our experience includes complex outsourcing arrangements.
Recommendations: “Technology work includes handling outsourcing contracts with a large hi-tech component in the financial sector.” (Chambers Europe, IP and TMT, excerpt from the 2009 edition). “The group is particularly well regarded for its advice to financial and insurance sector clients in relation to IT outsourcing.” (Legal 500, IP and TMT, excerpt from the 2008 edition).