Keeping the core competent

FEATURE: R&D IN A DOWN MARKET

Despite the modest rally in the global equities markets during the second half of this year, most industry pundits would agree that it’s a far cry from the bull run of the late 1990s. Buy-side technology vendors have -- like the institutions they serve -- been significantly affected by the slowdown, forcing them to focus their R&D dollars on improving existing technologies rather than developing new ones. Stewart Eisenhart reports. The holiday season is almost upon us. But one community -- t