Decrease in Margins Brings Mass IT Streamlining
A decrease in margins globally has led to mass streamlining of IT infrastructures, says Kirk Wylie, CEO of UK-based vendor OpenGamma, following the launch of version 1.0 of the OpenGamma trading and risk analytics platform.
Transparency has also risen to a level of unparalleled importance, he adds, while reliance upon black box technology should now be considered insufficient.
"When big banks have high levels of margins that they're able to rely on, year-in, year-out, and when hedge funds are
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