A lot has changed in the Financial Industry over the last 20 years. Regulatory changes has pushed forward the need for more transparent business models, that need high focus on cost-efficiency and scalability for all relevant business processes within an Asset Management firm. Trac Services AS is a newly established BPO partner and provider of Trading, Reporting and Custody services for Nordic Wealth Managers, Asset Managers, Pension- and Fund companies. Tracs is aiming at bringing cost-efficiency and economy-of-scale effects to Nordic Wealth Managers, Asset Managers, Pension- and Fund companies, who see the benefits of outsourcing their Operation processes to a professional and independent partner that knows the Nordic market. Tracs can deliver a whole range of white labeled services from Order Management, Shareholder Registry, Portfolio Management, Reporting and Tax for Norway and Sweden bundled with industry-leading system support at an attractive cost level. Tracs is fully licensed by the Norwegian FSA with approval of the Swedish FSA and currently providing their services to over 40.000 end-clients in Norway and Sweden.