Hoping to Repeat History

- WatersTechnology Staff
- 02 Jun 2003

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Is there a meaning to the madness of securities firms and their scorched-earth policies when it comes to financial IT budgets and staffing?

We hear daily that firms have to squeeze their budgets yet again as well as make traders and IT staffers walk the plank. Firms are also pushing non-critical software development off to foreign shores where the inherent poverty creates an opportunity for them (the quality of such work becomes a secondary concern).

There are also innovative outsourcing deals

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BEFORE THE SPIN

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