To build or buy?

However, partly as a result of the current economic downturn and partly because of recent innovations in application delivery methods, a fundamental shift is under way in the age-old build versus buy argument.

With unprecedented financial losses and redemption rates on the buy side, many firms have been forced to significantly reduce their head counts. This affects not just the trading staff but also the IT development and maintenance personnel. Most firms spend roughly 70% or more of their total

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