THE GOLD BOOK 2012


2012 gold book

COVER STORIES

GOLD BOOK 2012: A Focus on Growth, Innovation and New Technology
The 2012 Gold Book honorees are focused on testing and getting quality products to market, while also providing innovative business solutions and great customer service.

GOLD BOOK 2012: Fidelity Institutional CIO Ron DePoalo Walks In His Father's Footsteps
Fidelity Institutional CIO Ron DePoalo began learning about Wall Street IT from his father at an early age. Now he is drawing on those lessons to to drive tech innovation and business alignment.

GOLD BOOK 2012: Newedge's Stephen Davy Is Making a Difference
CIO Stephen Davy is leading efforts to analyze and enhance Newedge's processing systems in order to differentiate the firm's global clearing and execution business.

GOLD BOOK 2012: Direct Edge's Saro Jahani Chooses Stability Over Speed
For new Direct Edge CIO Saro Jahani, stability and low latency are the pillars of IT performance, and playing in the sandbox is serious business.

GOLD BOOK 2012: Northern Trust's Scott Murray Is a Man of Action
In establishing centers of excellence for IT disciplines, EVP and CTO Scott Murray is helping Northern Trust's technology organization improve quality while the bank continues to grow.

PERSPECTIVES

Fragmentation Is Redlining the Markets
Fragmentation is wrecking one of the greatest financial markets of all time. In the wake of the Knight Capital fiasco, the SEC should think hard about the market structure it has created, and do its utmost to rein it in, says Larry Tabb.

EDITOR'S NOTE

Tech Innovation -- With an Eye Toward Quality
Even with the frequent tech failures, scathing headlines and mounting regulatory fines, technology innovation is thriving on the Street -- with an emphasis on testing and quality.

OPERATIONS

6 Steps for Building the Next-Gen IT Workforce
Bank technology organizations increasingly require new capabilities that go well beyond traditional IT skills. Here are six challenges banks must address in building the IT workforce of the future.

SPECIAL REPORT

2012 Salary Survey Shows IT Skills Remain In Short Supply On The Street
Specialized IT skills remain in short supply and are demanding a premium in the marketplace. Here are 10 highlights from the 2012 Salary Survey.

UPFRONT

Knight Capital Fiasco: Where Were The Risk Controls?
The incident, which caused stocks to swing more than 10 percent in early trading on August 1, was entirely preventable, experts say.

Thomson Reuters Expands Elektron Data Offering
The company is launching two new initiatives for U.S-based financial institutions.

Dell Releases Big Data Retention Product With Searchable Data Compression
The Dell Big Data Retention solution utilizes RainStor data compression techniques.

TECHNOLOGY ECONOMICS

The Technology Economics of the Mainframe: Mainframe Computing Still Growing in Banking
Despite perceptions, mainframe computing continues to grow in banking. But from an economic standpoint, that may not be a bad thing.

INDUSTRY VOICE

How to Build an Effective Enterprise Risk Management System
Effective, proactive enterprise risk management requires uniformity in data access, management and measurement, says Simon Moss, CEO at Pneuron Corp.