WorldStreet's Lamoureux: XML Is Coming, Get Used To It

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NEW YORK--"There were 184 communications lines coming into the trading floor at Fidelity," Bob Lamoureux remembers. "There were racks and racks of communications modules. Racks and racks of proprietary software. Racks and racks of new client relationships. And many, many lost opportunity costs and administrative mistakes."

FIX guru Bob Lamoureux--who is credited with co-authoring the FIX protocol, was the director of information at Fidelity from 1991 to 1992 and well-positioned to observe all of

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