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Wall Street & Technology presents its ranking of the most innovative securities and investment firms. This ranking is based on InformationWeek (our sister publication's) survey of the nations' largest and most innovative users of information technology. The InformationWeek500 ranks institutions with over $1 billion in revenue and Wall Street & Technology has pulled from that survey the top-ranked securities and investment firms. Here we have interviewed their top ranking IT executives to find out how they consistently push the envelope and why their firms are considered among the most innovative.
Innovative Institutions
Which firms are at the head of the class when it comes to technology innovation? Our first-ever ranking reveals the most innovative institutions — those that not only survive but thrive.
Jessica Pallay, WS&T's associate editor, discusses what makes each of the top-ranked firm's innovative. To learn more, click on the Q&A's below.
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Top ranked Mellon Financial's Allan Woods discusses his firm's budget and top initiatives.
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J.P. Morgan Chase's top tech exec, John Schmidlin focuses on outsourcing, staff development and CMM.
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State Street's Joseph Antonellis focuses on maintenance, scalability, upgrades and new products.
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Vanquard's Tim Buckley invests in his firm's Web presence.
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Etrade's CTO Joshua S. Levine discusses linux, consolidation, crm and active trading.
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Northern Trust's Tim Theriault reveals his firm’s plans for corporate actions, VoIP and wealth management.
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InformationWeek's annual study, the InformationWeek 500, identifies the best technology and business practices of companies that demonstrate patterns of technological, procedural, and organizational innovation. Core areas of operations are examined, including IT budgets, technology deployment, e-business, customer knowledge, infrastructure, and business and technology strategies.
This year's study was fielded primarily on the Web by NOP World's U.S. research unit, RoperNOP. The ranking methodology is based on a proprietary weighting system created by InformationWeek editors. In cases where editors received incomplete qualifying questionnaires, and believed that a company merited inclusion on the list, these companies were ranked on the basis of revenue and other qualifying factors.
For more information on the 2003 InformationWeek 500 or to nominate a company for the 2004 study, please e-mail iw500@cmp.com. -InformationWeek Research Editors
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If you'd like your firm to be considered for next year's ranking or you'd like to nominate an institutions for our 2004 ranking, please e-mail iw500@cmp.com.
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