A CIO's Strategy

EDITOR'S LETTER

Take a look at this month's cover subject, the Philadelphia Stock Exchange. Less than a decade ago, its CEO says, the regional exchange barely deserved that title and was destined to be a footnote in the pages of financial history. Its technology was considered obsolete and antiquated, he recalls of those dark days. What to do? We don't want to give away the ending, but let's just say the exchange turned to IT to attract some big-name investors. Turn to page 26 for the rest of the rags-to-riches

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