Turning On a Dime
EDITOR'S LETTER
They say that aircraft carriers don't move on a dime. Investment firms once shared this same trait but there are signs that firms are working hard to be more nimble. Traders need to be able to pounce on new pools of liquidity, emerging asset classes and fresh structured products at a moment's notice. This is yet another challenge for the CIO who has to create the technology foundation on which the global capital markets can be built. Thankfully, from what the CIOs and their staff members tell us
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