http://www.wstonline.com/blog/ Copyright 2008 Mon, 14 Apr 2008 13:49:59 -0500 http://www.movabletype.org/?v=3.14 http://blogs.law.harvard.edu/tech/rss 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.

]]> http://www.wstonline.com/blog/archives/2008/04/can_wall_street.html http://www.wstonline.com/blog/archives/2008/04/can_wall_street.html Ivy Schmerken Mon, 14 Apr 2008 13:49:59 -0500 Thomson Financial announced today that nine of Wall Street's leading bond dealers are investing about $180 million to purchase a minority stake in TradeWeb, the electronic trading platform for fixed-income securities and derivatives. TradeWeb will continue to be owned by Thomson and the consortium of broker dealers. The goal of the strategic partnership is to drive TradeWeb's expanson into multi-asset class trading and to create more of a unified platform with integrated processing for the trading of fixed-income, equities and derviatives, according to the release.

]]> http://www.wstonline.com/blog/archives/2007/10/thomson_plans_t.html http://www.wstonline.com/blog/archives/2007/10/thomson_plans_t.html News Analysis Wed, 10 Oct 2007 14:45:43 -0500