5. Mind Your Pennies
People know what servers cost but not the cost per trade. They know the cost per network but not the technology investment per customer and how that translates per customer value.
— Howard Ruben, founder of the advisory firm Rubin Worldwide, in the WS&T slideshow "9 Biggest Mistakes CIOs Make."
Source: Wall Street & Technology
Phil Albinus is the former editor-in-chief of Advanced Trading. He has nearly two decades of journalism experience and has been covering financial technology and regulation for nine years. Before joining Advanced Trading, he served as editor of Waters, a monthly trade journal ... View Full Bio