Going Offshore

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As the down market puts the squeeze on IT budgets, more firms are looking overseas for lower development and maintenance costs.

Seven IT leaders share strategies and priorities.

Tom Sanzone

Citigroup

Tom Sanzone knows a good thing when he sees it. He started his financial services career as a trainee programmer who supported Salomon Brothers’ mortgage trading group 18 years ago. "That’s when the market was really hot in the early and mid-80s," says Sanzone.

Living through several mergers and

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

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