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Melanie Rodier
Melanie Rodier
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A Look Ahead to the Capital Markets in 2013

The Eurozone crisis is far from over, the fiscal cliff is top of the headlines and industry revenues continue to decline. Adding to their collective headache, financial organizations are dealing with flat IT budgets while striving to innovate in today’s ultra-competitive market. But there are a host of bright spots in the financial technology world. Here is a look at Wall Street & Technology’s take on the key issues that will shape the industry in 2013.
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4. Firms Will Focus On Reducing Data Center Costs

As industry revenues continue to decline, firms are rethinking their proprietary data center strategies.

Ed’s note: Citi is one of the firms to have taken the lead on this one: It has already consolidated 70 data centers into 20 and virtualized 40,000 servers.

[Check out the gallery here.]

 

Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in April 2007, Melanie lived in Paris, where she worked for the International Herald ... View Full Bio

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