Bankers Trust Lowers Ambitions At 300-Position N.Y. Room
MANAGEMENT AND STRATEGY
Two years after its much-ballyhooed Broadgate trading-room system went live in London, Bankers Trust Co. is running systems based on the same core software at its New York and Sydney, Australia, operations. But in New York, at least, the 300-position trading-room system now in place is a poor cousin to Broadgate's workstation-based information distribution system.
After Broadgate, subsequent projects fell victim to a change in thinking by the bank on how much should be spent on trading-room
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