Two of Australia's major banks are considering outsourcing their post-trade processing.Broadridge Financial Solutions announced a tie-up with Accenture last month to offer a technology and business process outsourcing service for post-trade activities targeted at banks in Asia and Europe.Stephen Racioppo, chief revenue officer for Broadridge, who is currently in Australia, said that Societe Generale was the first to sign up for the service and will go live in 2014. A further 13 organisations were in discussions, including two of Australia's Big Four banks along with a smaller local investment house.According to Racioppo, banks are "coming to accept that there is no competitive advantage to be gained from running their own processing."He said that as banks looked to refresh the computing infrastructure used to handle post- trade settlement, outsourcing would most likely be considered as a serious alternative to DIY, especially as pricing pressure continued to erode margins.He also said that the fast pace of regulatory reform had made it "almost impossible for individual firms to keep up."He said that the service being offered, in association with Accenture, leveraged Broadridge's technology centres in India and Eastern Europe. However he acknowledged that most banks would want to take a layered approach and maintain at least some of their processing locally.