NATAS 2015 C-Level Panel: No Worries About Ubiquitous Vendors
In wake of Bloomberg outage, executives discuss the issues around relying heavily on a vendor.
Friday's outage showed just how dependent some firms are on the massive technology company, as many had to essentially stop doing business until their Bloomberg terminals were back up and running.
To that point, Buy-Side Technology deputy editor Tim Bourgaize Murray asked members of the C-level panel at the 2015 North American Trading Architecture Summit how to hedge against vendors that are significant to business operations.
Michael Radziemski, chief information officer (CIO) at Lord Abbett
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