How Much Should Banks Spend On IT?
Banks need to formalize the process of IT project funding, so it is easier to put some business cases on the back burner.
These demands include responding to major market pressures such as: reducing costs of duplicate business processes due to margin compression and product standardization, growth of high frequency trading, rise of 'dark' liquidity pools, collateral management, capital optimization, continuous new product innovations, and the challenges of generate basis point spreads on near zero interest rates loans and issuances. ... Read full story on Wall Street & Technology
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