New Year Brings New Risk Management for BNY ConvergEx

DWT: What do you think 2010 will bring for you?

Tom Carroll, ConvergEx Group: This will be the year when everyone on the Street comes to understand more that technology is at the core of all our business. I am on the ConvergEx executive committee and the senior management here views just about everything we do as a technology project.

DWT: Do you plan to hire staff in 2010?

Carroll: With the Millennium acquisition, we brought over nine technologists as a unit. For the moment, they are operating as

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Where have all the exchange platform providers gone?

The IMD Wrap: Running an exchange is a profitable business. The margins on market data sales alone can be staggering. And since every exchange needs a reliable and efficient exchange technology stack, Max asks why more vendors aren’t diving into this space.

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