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December 2005 COVER STORY  Filling the Tech-Talent Pipeline To ensure the future of their technology organizations, some Wall Street firms are promoting IT careers. |
 FOCUS ON: On-Demand Computing On-Demand Is in Demand On-demand computing offers Wall Street firms more-efficient utilization of technology resources and added flexibility. BUSINESS LINES Direct From the Source Brokerage firm eSpeed Equities taps direct ECN order book data feeds through a hosted solution. Scottrade Upgrades Active Traders to Nasdaq's TotalView Active traders clamoring to see all stock liquidity beyond the best bid and offer could push retail brokerage firms to deliver depth-of-book order feeds on their trading platforms. E-Mail Contention Broker-dealer Raymond James Financial Services did what few other firms have done: fight SEC allegations - and win. Transition Management Evolves Global custodians and index fund managers are using electronic trading and risk measurement tools to compete with the sell side. Credit Derivatives Fears Both the Federal Reserve Bank of New York and the U.K.'s FSA are pressuring market participants to improve credit derivatives processing. INDUSTRY VOICE BPM: It's All About Efficiency Laura Mooney, Director, Metastorm No financial services firm has yet developed a silver bullet for the competitive challenges looming in this highly competitive industry. Though innovation exists, minimal product differentiation remains, and no offering has delivered an overwhelming edge in some time. |
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FROM THE EDITOR Growing Pains During the bearish economy after the dot-com bubble burst, information technologists were faced with a grim job market - jobs were hard to find, partially as a result of offshore outsourcing, and the ones that were available paid significantly less than jobs at the height of the boom. CIO CHALLENGE Business Process Outsourcing By: Leslie Kramer As Wall Street firms reevaluate their core competencies, once-strategic business processes are now being outsourced. But deciding which processes to outsource and managing the provider relationship remain critical to success. PRODUCT WATCH Fixed-Income Analytics BPG Goes To the OPERA Impact's Retirement Road Map UP FRONT Rising Equity Stakes The Data Integration Challenge Crossing Networks Attract New Entrants Future Connectivity Stronger Authentication Workstation Vendor Ratings PEOPLE & CAREERS Framke Promoted to E*Trade CIO Back Joins Citigroup GTS Noll New Pioneer CIO Keeping Tabs PERSPECTIVES The Sins of the Few The equity research model is not only broken, it is destroyed. In trying to clean up the research process, we have thrown out the baby with the bath water. |