The Cost of Doing Nothing

As margins shrink in many business lines, forward-looking financial services firms increasingly are looking to shake up the status quo to find new ways to generate revenue while reducing costs. In many cases, the cost of doing nothing -- staying with existing technology and processes -- outweighs the price tag of implementing new business processes that rely on cutting-edge technology and new business rationale. This month, Wall Street & Technology takes a look at a number of firms that are changing their business models, often aided by new technology, to gain a real business advantage. For these firms, the cost of doing nothing is too high.

Buy Side Begins Tracking Metrics On Sell-Side's Trading Ideas
With buy-side firms struggling to place a value on the research and services provided by the sell side, the status quo is no longer acceptable.

Trial and Error: When It Comes to Compliance, the Bare Minimum Isn't Enough Anymore
Detwiler, Mitchell, Fenton & Graves' CCO Robert Jeffords Dumped Two E-Mail Archiving Providers Before Being Satisfied With His E-Mail Compliance

Many Buy Siders Are Taking on the Role of Researcher
Some buy-side fims have stopped using sell-side research in favor of search applications such as firstRain.

Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio