IT Execs Split on Merits of Buy vs Build
Cost and functionality remain key factors in financial firms’ decisions to buy or build new data infrastructures, but the physical size of a firm and its ability to leverage economies of scale also contributes to buy-versus-build decisions, said panelists at last week’s North American Financial Information Summit.
Nathan Boylan, head of IT at mutual fund and asset management firm Lord Abbett said that mid-sized firms like his tend to buy rather than build, as they do not have the economies of
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