Don’t Look Back


Back-office systems are in danger of becoming woefully inadequate. Caught in the perfect storm of the financial crisis, IT budgets contracted rapidly, leaving CIOs unable to divert cash to every technology need. As a result, what meager resources were available often found their way to projects with a demonstrable rate of return-in many cases, the traditional investment priority for financial institutions: money-making front-office technology.

Meanwhile, the Bernie Madoff scandal lent further

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