Unlocking the Code

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By Renee Wijnen

Dresdner Kleinwort Wasserstein’s chief information officer, Al-Noor Ramji, says it himself: "Investment banks don’t give away stuff." So what prompted the firm, in January, to give away the code to its proprietary toolkit for message-based system integration and migration?

The toolkit, which DrKW spent $5 million developing and more than three years perfecting, is a core piece of its global equities derivatives trading system and an integral component in the firm’s straight

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