Efficiency Reaps Rewards

CIO Profile

It's all about getting more from what you already have. Immediately after joining Barclays Capital (BarCap) as managing director, head of global IT production and CIO for the Americas in 2006, Richard Greenbaum focused on implementing a new operating model. By drawing a clear line between run-the-bank and build-the bank functions, BarCap created efficiencies of $60 million in 2007.

New standards and governance models helped drive efficiency. As part of the three-year IT Execution Program kicked

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