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Waters USA 2015 C-Level Panel: For Bigger Firms, Time to Make 'Real Bets' as Disintermediation Looms

Senior technologists from the buy side and sell side opened Waters USA with fresh urgency about both cost reduction and disintermediation.

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Michael Radziemski, Lord Abbett.

To some extent, many of the topics covered by this year's panel reflect past years' priorities: plugging a CISO into the risk management chain; replacing order and portfolio management systems; decisions about what to keep in-house or put in the cloud; and what to buy or build.

The perspective, however, did appear to have dramatically changed. Getting smart about infrastructure and trading innovation is no longer simply a matter of reacting to regulatory mandates, attracting clients or

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