Analysis: Firms Prefer to Retain, Not Offshore, IT Talent

OUTSOURCING AND OFFSHORING

NEW YORK—Last week, DWT reported that an estimated 30,000 U.S.-based financial technologists in the securities trading sector may lose their positions to offshoring by the year 2010.

The story sprung from a report authored by Michael Haney, an analyst with Celent Communications, a market research and advisory firm serving the financial services sector. Overall, the report predicted that 2.3 million financial services jobs have the potential to be offshored by 2010. Now the question is, of the

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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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