The New Normal

WATERS SOAPBOX

The scene popped into my mind while interviewing SunGard's Cris Conde last month. I asked about the sputtering economy that had looked fairly promising in the spring but seemed to flat-line in the summer. When did he expect the economic recovery to occur?

The dapper CEO of the soon-to-be split SunGard said that he met recently with the CEO of a major Wall Street firm who told him that the current economic state is now the new normal. "This is it," Conde recalls him saying.

Say goodbye to the late

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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