Arrogance and aftershocks

Software consolidation

These are challenging times for financial software firms, many of which are having difficulty navigating the choppy waters of change. Thanks to the global economic downturn, banks worldwide are slashing their IT budgets, and changing the nature of the types of projects they will spend money on. And there are fewer clients for software firms to market to, because of consolidation in the financial services industry.

Indeed, Waters magazine, published by the Risk Waters Group, reported in its

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Next-generation technologies and the future of trading

At a webinar in association with capital markets technology provider Numerix, panellists discuss the potential for increased adoption of the public cloud to boost investment performance, its impact on risk management and overcoming barriers to…

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