Bear Stearns Looks to Control Costs After Moving to New Headquarters

2002: THE YEAR AHEAD

NEW YORK--Bear Stearns’ market data group is optimizing services and controlling costs after beginning the migration into its new headquarters at 383 Madison Ave. in Manhattan and rolling out a number of new systems, says Peter Esler, managing director and head of market data services.

"Next year will be about smoothing the process to become more efficient and cost effective," Esler says. This includes examining vendor contracts and cross training staff to understand new technology and improve

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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