Asset Management

11:25 AM
Financial Insights Analysts
Financial Insights Analysts
Commentary
50%
50%

Irrational Exuberance Turns to Irrational Despair: Merrill Lynch and Lehman Brothers

Financial Insights analysts react to the events of the past week.

The report highlights include the expected decrease in technology spending noting that Merrill and Lehman each represented about 3% of the total securities markets IT spend, equaling an immediate 6% decline in projected spending.

The report suggests that Bank of America could become the Google or Microsoft of the financial services space.

IT firms with analytics, compliance and risk management vendors should be jockeying to assist these firms with an obvious gaps.

Read the full report:

Comment  | 
Print  | 
More Insights
More Commentary
Why Settle for Less in the Front Office?
Recent research shows that sell-side firms are less than satisfied with their order management system (OMS) technology. Many front offices, however, continue to make do with their current solutions. Are they selling themselves short?
BYOD Policy: Don't Reinvent the Wheel
Financial firms still feel overwhelmed by BYOD risks and challenges. But these can be addressed by a good policy, and the guidelines are already out there.
The BYOD Challenge
Having a policy in place to manage mobile devices used by employees for work purposes is necessary in this current day.
Getting Onboarding Right in the Age of the Customer
Disparate “Frankenstein” systems slow down the onboarding process and impede customer service, says Pegasystems.
Performance Monitoring Key to Smooth Infrastructure Modernization
As banks consider how to shift infrastructure and storage solutions, they can’t afford to lose visibility into performance.
Register for Wall Street & Technology Newsletters
White Papers
Current Issue
Wall Street & Technology - July 2014
In addition to regular audits, the SEC will start to scrutinize the cyber-security preparedness of market participants.
Video
Top Quotes of the Week
Top Quotes of the Week
It wasn't all bad luck for the capital markets this week: Hedge funds had a decent first quarter despite a slowdown in jobs numbers, BlackRock might be heading into new territory as hedge fund managers take a hard look at their counterparties, and the head of the IMF didn't pull any punches when assessing today's global economy. At least we can admire the nice weather and some of the best quotes of the week.