LONDON--Perot Systems has laid off 22 people on its UBS account, two of whom are in market data. The redundancies follow a round implemented late last year, according to sources (Trading Technology Week, Dec. 10). UBS and Perot are seven years into an outsourcing contract in which Perot manages UBS’ IT and market data services globally.
Diane Scott, director of marketing and communications for Perot Systems’ Financial Services Industry Group (FISG), which handles the UBS account, confirms the
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails