Major Brokerage, Others Rethinking Their Outsourcing Decisions

MANAGEMENT & STRATEGY

Although leading brokerages, including Merrill Lynch, JP Morgan, Dresdner, Kleinwort, Benson and SBC Warburg, have endorsed outsourcing large portions of their IT departments in the last year or two, CIOs are beginning to question the wisdom of splintering responsibility for such a critical function as technology.

The chairman of the Security Industry Association's Technology Management Committee, Mark Sanders himself, recently revealed these concerns at an SIA-Waters Information Services

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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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