Lehman's McGilloway Aims For Unit Costs Cuts
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NEW YORK--Lehman Brothers' managing director and chief information officer, Kevin McGilloway, wants to reduce transaction processing times and lower unit costs to zero through systems technology development, he tells TTW in an exclusive interview.
McGilloway, who is responsible for 1,600 information technology staff who work on systems development for Lehman traders, says his division is strategically focussed on "information and knowledge management". He points out that Lehman's IT strategy is
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