Applegate Turnover: Firm Sees More Departures, Hirings, As CIO's Arrival Reverberates

TECHNOLOGY STRATEGIES

San Diego-based Nicholas-Applegate Capital Management has experienced a significant amount of turnover in its technology department following a recent shakeup at the I.T. group's uppermost levels. Over the past three months, at least five of the firm's technologists have left, with two of those leaving since the new year started--and one more I.T. department staffer is set to resign towards the middle of this month. But Nicholas-Applegate has also taken steps to bring in some new blood: The firm

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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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