Get Off My Cloud

OPINION

While reductions on this scale will save on salaries and year end-budgets, it probably won't change the demands that investment banks place on their IT organizations. Although there might be fewer desks that need to be served, the remaining ones will gladly assume the computing resources formerly allocated to their departed colleagues.

Finding the best bang for the IT buck isn't a matter of being a good corporate citizen anymore-it's a matter of survival. This is where taking advantage 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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