Hambrecht & Quist Inc. last month completed a re-write of the software used to power its 120 Apple Computer Inc. Macintosh workstations. The San Francisco-based broker/dealer is now poised to embark on a series of network and server upgrades.
But as H&Q enters its fourth year of enhancing and supporting its mostly homegrown market data platform -- called Phoenix -- the plummeting costs of vendor-provided service may soon overrun the value of keeping it all in- house.
The workstation software
Bill Murphy, CTO of Blackstone, once again joins the podcast to discuss the private equity firm's new offices, designed to house its innovations team.Subscribe to Weekly Wrap emails