Integration Integral to Innovation
Goldman tops a bulge-bracket who's who in our survey of technology providers
The most innovative users and deployers of technology in the securities industry, and not just because they have the most money to spend are among its largest firms, according to leading technology suppliers. They consistently view technology as an integral part of their business strategies, and they share similar approaches. When they aren't building solutions in-house, they're working closely with vendors to develop and integrate new hardware and software into their technology infrastructure.
For this part of the Securities Technology Ranking, Framingham, Mass.-based Financial Insights asked vendors which Wall Street firms they see as the most innovative users of technology. They were allowed to cite up to three firms, and 72 participants cast a total of 145 votes; 71 firms were named. Goldman Sachs Group captured the top spot, with 22 votes. Citigroup, UBS, JP Morgan Chase & Co. and Credit Suisse followed with 14, 13, 12 and 10 votes, respectively.
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