It all comes down to data

In the majority of firms, technology development is carried out in small point projects addressing a particular business need at a particular point in time and not taking into consideration the bigger picture. It has a lot to do with project sponsorship - business managers only have the budget to sponsor IT projects that will fill a specific current business need. So often - and this is probably true of most investment banks and companies in general - you end up with a patchwork of intermingled