Can Wall Street Learn to Sustain Cost Reduction?

I had lunch with Bob Gach, global managing director capital markets at Accenture, last week. We chatted about a number of topics but one of the most interesting was Wall Street ‘s quest for sustainable cost reduction. With the current U.S. economic downturn, investment banks are looking to cut costs but they are also looking to sustain the IT operating model through bull and bear markets without going through dramatic swings. Now that we might be in a recession, the idea is to manage IT efficiently and holistically across the organization rather than cutting costs in one department vs. another. To learn more about how to achieve sustainable cost reduction, please click here.

Posted by Ivy Schmerken at 01:49 PM

This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers.

Community standards in this comment area do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this comment area becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service.

Important Note: This comment area is NOT intended for commercial messages or solicitations of business.