High hopes, high costs for Wall Street's high technology.
In investment firms' haste to innovate, many invested poorly in technology. Although Wall Street leaders recognize the importance of technology, they do not fully understand it. Over time, however, people who are knowledgeable about both technology and the securities business will become senior en...
| Publicado en: | Economist Vol. 318; pp. 75 - 77 |
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| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
February 2 1991
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=508337501&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 508337501 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00130613 ECO jtl: Economist issn: 00130613 maglogo: N pubinfo: dt: February 2 1991 vid: 318 pid: 161 pub: Economist Newspaper Limited artinfo: ui: 508337501 ppf: 75 ppct: 2 formats: tig: atl: High hopes, high costs for Wall Street's high technology. aug: su: Investments -- Data processing Portfolio management (Investments) Information storage & retrieval systems Stockbrokers Investment banking Securities industry United States sug: subj: United States Investments -- Data processing Portfolio management (Investments) Information storage & retrieval systems Stockbrokers Investment banking Securities industry ab: In investment firms' haste to innovate, many invested poorly in technology. Although Wall Street leaders recognize the importance of technology, they do not fully understand it. Over time, however, people who are knowledgeable about both technology and the securities business will become senior enough to be appointed to the governing management committees of the big firms. Two trends will accelerate this process: The quality and status of technology people in Wall Street firms have improved significantly in the past five years, and the technology itself has become more accessible. pubtype: Periodical doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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