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While Wall Street lives by the quarterly earnings call, executives are starving for a long-term vision, according to the soon-to-be-released "Financial Markets 2015" report (available April 1) from the IBM Institute for Business Value. Daniel Latimore, executive director, and Suzanne Dence, a senior consultant at the institute, share some of the report's findings with WS&T. In addition, during the next few years, financial firms will re-evaluate their definition of risk and how it is treated, transparency and speed will be the two main drivers for business, and transaction cost analysis (TCA) will increase the buy side's move to do more of their own trading.

Background Music "Classic Sidewalk Stroll" Courtesy Digital Riffs Music, www.digitalriffs.ca, under Creative Commons License