Despite recognition of the benefits of investing in securities trading technology, many buyers are still standing on the sidelines. Investment managers seem to be unwilling to adopt technology, noted Hal McIntyre, president of the Summit Group and moderator of the Sibos session entitled The future of securities trading technology. We've got to automate but we don't. What's preventing the technologies from taking hold he challenged panelists to discuss.
Panelists agreed that the debate had moved away from whether companies need to invest in technology and on to how and when they would do so. But they also agreed that investment was generally slower than expected. There doesn't seem to...