Are Systems Vendors Your New Best Friends?
BEFORE THE SPIN
A major change has quietly occurred among the major systems vendors serving the securities industry--they are paying attention to the particular needs of the industry. Instead of keeping their eyes toward heaven, they have turned their Godlike gaze toward the mortal user firms and are crafting solutions to problems rather than tossing out technology to trading rooms as an afterthought.
We are seeing another shift in the balance of power. No longer will the major systems suppliers call all the
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