Credit Suisse’s New Approach to Fintech
Stephen Hilton, Credit Suisse's managing director and CIO of technology infrastructure, takes a no-nonsense approach to delivering innovative technology and support for the business.
As most Industry leaders know, since 2007 capital markets revenues have decreased rapidly, resulting in budget cuts across the board. At the same time, most financial institutions had built up significant fixed costs during the prior decade when revenues were high and budgets were bloated. "People were surprised that IT was not as variable as they thought it would be," says Hilton, whose firm has a market capitalization of $42 billion and $1.3 trillion in assets under management. Read full story on Wall Street & Technology
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