While some broker dealers are able to utilize a large and broad team of support and accounting back-office staff, this is not the case for all firms and FINRA has acknowledged this reality and that the use of an outsourced FINOP is commonplace. Electing to outsource the FINOP role can be far less costly than hiring a comparable in-house FINOP. Outsourcing standardized tasks and leveraging an outside compliance provider’s knowledge can then allow the in-house compliance team to focus their attention on where it is needed most.