SG Cowen Struggles Intern Ally To Define I.T., Data Organization

ORGANIZATION & MANAGEMENT

NEW YORK--Market data management at the US securities arm of French bank Societe Generale appears set for substantial change as the firm continues to reel from its merger with Cowen & Co. last year. Insiders suggest the firm's current decentralized management structure may be abandoned in favour of a centralized approach.

Officials from SG Cowen decline to comment. Calls to those mentioned in the story were not returned by press time.

Since the SocGen Securities and Cowen merger last year, mos