J.P. Morgan Sees Teknekron Rollout Going Much Too Slow; Tech Chief Clark Takes Hands-On Tack, Shakes Up Staff
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Dissatisfied with the progress it has made in rolling out its new Teknekron Software Systems Inc.-provided digital data distribution system, J.P. Morgan & Co. last Wednesday announced internally some major changes to its market data technology staff.
With six months having elapsed in the planned 1,000- position rollout in New York, the firm finds itself with a mere 150 Teknekron Information Bus-linked desktops. As a result, one of the direct reports of global technology head Peter Clark -- John
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