A Shared Service Center (SSC) is a centralized operational unit that delivers standardized support functions, such as IT infrastructure, finance, compliance, or back-office administration, to multiple distinct business units or departments within a larger institutional organization. In crypto, it centralizes support for various trading desks or regional operations.
Mechanism
The SSC operates by consolidating previously dispersed functions into a single entity, leveraging process standardization, specialized personnel, and technology platforms to achieve operational consistency and efficiency. Services are typically governed by service level agreements (SLAs) with internal clients, and costs are often allocated back to consuming business units based on usage or agreed-upon metrics.
Methodology
The strategic implementation of an SSC aims to achieve economies of scale, reduce overall operational expenditure, and enhance the quality and consistency of support services across an organization. This methodology allows individual crypto trading desks or investment arms to focus on their core competencies, benefiting from centralized expertise and streamlined processes, thereby contributing to organizational agility and cost optimization.
A phased approach mitigates treasury centralization risks by sequencing the transformation into controlled, validated stages, ensuring systemic stability.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
