Crunch Time for Covid-Era Tech

Covid culture is set to continue this year, as are the associated changes to working practices in the financial markets and the technologies that support them. Max wonders what the new ‘virtual’ reality will look like in 2021 and beyond.

crunch

Last year saw a series of unprecedented and unexpected events, including—and resulting from—the Covid-19 pandemic, such as exchange floors shuttered, 90% of capital markets employees working remotely, trading systems overwhelmed by the resulting volatility, and perhaps most surprising of all, financial firms raking in record revenues, despite an economic near-catastrophe.

With efforts to return to normalcy thwarted at almost every turn, these changes look set to continue through 2021, though

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