State Street has published a report, "The Evolving Role of Technology in Financial Services".
Technology has long been an essential behind-the-scenes partner in the financial services industry, providing the innovative incremental advances necessary for the industry to upgrade and expand its services. Improvements in storage capacity and processing speed, for example, have had a profound impact on data management and transactional capabilities, with accompanying reductions in cost. Yet despite these and other advances, the industry has struggled to fully leverage the power and promise of technology,with market participants eager for solutions that are not only faster and cheaper, but that also offer greater security and efficiency.
Click here to download the full report
Source: Top1000Funds.com
Sovereign Investor: Technology makes the world of investing go around. Imagine if we had to go back to a world of sailing ships and exchanges of letters under seal. But how prepared are you if the power goes off for a week or two, or a tsunami bursts through your front door? Do you even have a DRP? Even if so, would it really work, or has its author simply filled it with comforting phrases?
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