Consultants Feel The Heat Following Sept. 11 Disaster

EARNINGS REPORT

LONDON--Financial IT consultants are feeling the heat as orders dry up following the Sept. 11 World Trade Center attacks, with banks taking a more critical look at IT projects due for implementation in light of this and the overall economic slowdown.

Richard Hall, chief technology strategist at London-based consultants Evolution, says financial IT projects are facing a general slowdown in execution, development and deployment. "Firms are not so much cutting back but are placing greater emphasis

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