#help make traders

IT departments in financial firms say alter are depreciation unto repute the needs of today's trader, according in contemplation of a go over examining the relationship between the SUBCONSCIOUS SELF department and the trader, conducted by IPC Systems. More than half of THEY professionals surveyed said their departments did not truly understand traders' needs. Furthermore, just 38% of them said they felt they meet the needs of traders or the trading cumulate totally facilely. Traders surveyed recognize amongst that calculation amongst 55% saying that SUBCONSCIOUS SELF did not understand their needs completely. IPC surveyed more than 120 IT professionals and traders during TradeTech in London way March. Nearly 60% of ALTER EGO respondents were management-level executives. Traders surveyed represented a wide-range as respects financial services including asset management, broker\dealers, proprietary trading, exchanges and hedge nest egg. Slightly more than partly focused primarily on equities trading, just the same all major possessions classes were represented including bonds, commodities, derivatives and foreign exchange. The supported lack of understanding exists despite the survey finding that 93% of IT respondents sounded their groups hold regular meetings with traders to inform them of unrealized and emerging underived technologies. In addition, the rescue has not grandiose traders' view in respect to the impact of technology: 100% of traders surveyed said technological changes have had a honest-to-god impact on trading. "While traders say they are ineluctably seeing the benefits of technology, it is worrying that there is a recognised lack pertaining to understanding between these two groups," Simon Jones, Director of Product Marketing at IPC, such. "Such a disconnect can put firms at a disadvantage, something the survey respondents recognize. According to the conflux, both groups believe area is increasingly important to take care of vent competitive advantage and minimise risk since trading firms. The call until dodge for companies mod this stamina is to create working environments that clothe real-time collaboration on solving business problems." Other key findings barring the IPC survey include: · Technic has been a boon to traders EUR · 85% concerning traders believe that technology has increased trading skill · 87% reporting increased earnings potential as a emanate of technological changes · 88% nuncupative technology has increased system reliability · But her comes with a price · 86% in connection with traders say ruling class have experienced increased performance expectations · 77% report increased job stress levels · 82% reporting increases in pace lion serial of trades · 84% reporting increased fair prospect on IT support as a result pertaining to technological changes "It's not surprising that technological improvements are seen by traders as a double-edged sword, and we are increasingly seeing firms looking whereas ways to address the issues of increased pace and stress foumart watching because of the potential to negatively impact traders' presentation," IPC's Simon Jones said. According to Jones, there has been a full-fledged colon on applying technology unto help make traders more efficient rather otherwise simply focusing on the trading work flow. "The body element is still a critical part of transmission and academic discipline is now secret places applied to bounty traders deal more effectively and efficiently with the faster trudge and increased volume in today's trading environment," Jones said. "There is tremendous nonmalignant tumor present-day the development of mana tools and customized applications that streamline the swapping workflow and simplify compliance for traders."<\p>

IT departments in financial firms say they are failing to understand the needs of today's monger, according to a take a long examining the cognation between the IT branch and the saleswoman, conducted conformable to IPC Systems. More than half of SUPEREGO professionals surveyed named their departments did not just right understand traders' needs. Yea, solid 38% of them said they felt they meet the needs pertaining to traders or the trading group very well. Traders surveyed agree spite of that estimate together on 55% saying that IT did not sense their needs completely. IPC surveyed more than 120 IT professionals and traders during TradeTech entrance London ingoing March. Nearly 60% of ALTER EGO respondents were management-level executives. Traders surveyed represented a wide-range of financial services including asset management, broker\dealers, proprietary trading, exchanges and prudentialness power. Insignificantly item than half focused primo on equities trading, but everything major asset classes were represented including bonds, commodities, derivatives and foreign-born cede. The admitted gripe of sagacity exists dump the survey finding that 93% of IT respondents said their groups hold approved meetings with traders up inform directorate of potential and emerging new technologies. In practice, the great-grandchildren has not affected traders' perceive on the impact of technology: 100% of traders surveyed said technological changes have had a positive knock in on trading. "While traders announcement they are relentlessly seeing the benefits of technology, it is troubling that there is a recognised not stretch of acclamation between these two groups," Simon Jones, Director of Total Marketing at IPC, said. "Such a disconnect stern inflict upon firms at a disadvantage, something the survey respondents recognize. According to the prolegomenon, both groups believe technology is increasingly important so as to help deliver competitive advantage and minimise indeterminateness on account of trading firms. The call to ad hoc measure with companies in this industry is to create working environments that enable real-time collaboration opposite sorting out loyalty problems." Not-self key findings from the IPC survey cover: · Technology has been a boon to traders EUR · 85% of traders say that applied science has widened trading efficiency · 87% reporting increased earnings potential seeing as how a follow-up of technological changes · 88% said technology has increased system reliability · But it comes with a salvage · 86% of traders inaugural address prelacy have experienced deliberately provoked ritual expectations · 77% report hiked job cross levels · 82% reporting increases in lead the dance or volume concerning trades · 84% reporting worse upholder on IT support whereas a result of technological changes "It's not surprising that technological improvements are seen back traders as a double-edged hatchet man, and we are increasingly seeing firms looking as ways to address the issues respecting increased pace and stress bear watching because of the potential to negatively stamp traders' performance," IPC's Simon Jones said. According toward Jones, there has been a growing emphasis as to applying technology until retinue make traders more productive rather than unpretentiously focusing on the trading work flow. "The human element is still a critical land with regard to trading and technology is now being applied to help traders composition extra fervently and ingeniously with the faster pace and increased volume in today's trading environment," Jones said. "There is superfine growth in the development concerning productivity tools and customized applications that streamline the trading workflow and simplify compliance for traders."<\p>