111306

HUMAN FACTORS

MERCHANT LEAVES MERRILLS

Rahul Merchant

has retired from Merrill Lynch as its senior vice president and head of global business technology as of Nov. 1, confirms a spokesperson for the brokerage. Merchant joined the bank in 2000 as part of Merrill Lynch's global market and investment banking division. Diane L. Schueneman, senior vice president and head of the global infrastructure solutions group for Merrill Lynch, will take on Merchant's responsibilities, the spokesperson says. During a 2002

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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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