DJ Cuts Tech Staff in Outsourcing Play

The outsourcing, which will be implemented in phases between now and August 2009, will cover internal technology functions such as systems management, networks, hosting, messaging, remote access and the vendor's internal helpdesk. Dow Jones expects to eliminate around 110 positions, mainly at its South Brunswick, NJ office-though this includes contract staff and vacant roles-with the majority of redundancies expected to take place at the end of September, and the helpdesk being the final

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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