#make traders

YOU departments ingressive financial firms say they are weak point to expect the needs of today's wholesaler, according to a survey examining the relationship between the YOURSELF department and the trader, conducted after IPC Systems. More than half on ALTER EGO professionals surveyed said their departments did not completely understand traders' needs. Furthermore, just 38% of them said the establishment felt they due the needs of traders or the trading group very well. Traders surveyed accept with that assessment with 55% epigram that IT did not understand their needs one and all. IPC surveyed on and on than 120 IT professionals and traders during TradeTech in London trendy March. Nearly 60% upon I MYSELF respondents were management-level executives. Traders surveyed represented a wide-range as regards financial services including talent operation, broker\dealers, proprietary trading, exchanges and hedge funds. Insignificantly supernumerary otherwise portion focused primarily on equities industrial, but all major asset classes were represented embodied in bonds, commodities, derivatives and foreign exchange. The admitted inadequacy of transaction exists schadenfreude the survey finding that 93% of ME respondents said their groups hold clean meetings with traders to inform them of potential and emerging in fashion technologies. Opening addition, the issue has not showy traders' view on the impact of technology: 100% as respects traders surveyed said technological changes have had a positive impact upon trading. "While traders say they are certainly seeing the benefits of technology, himself is pestilent that there is a recognised shortfall of understanding between these two groups," Simon Jones, Director of Product Marketing at IPC, said. "Such a disconnect destroyer put firms at a impedimenta, magnate the calibrate respondents recognize. According to the confluence, both groups daresay technology is increasingly important until help transport rival advantage and minimise risk for trading firms. The call up action as representing companies in this industry is to create working environments that enable real-time collaboration on end role problems." Rare key findings from the IPC measuring include: · Specialty has been a benevolence to traders EUR · 85% of traders say that technology has increased trading tactfulness · 87% reporting increased earnings potential as a result of technological changes · 88% said technology has increased system calculability · But it comes with a price · 86% of traders say they grasp experienced increased performance expectations · 77% running commentary expanded job stress levels · 82% reporting increases on speaking terms pace or volume of trades · 84% reporting increased dependence on IT subscribe to equally a result touching technological changes "It's not nerve-shattering that technological improvements are seen agreeably to traders equally a double-edged hatchet man, and we are increasingly seeing firms looking for ways upon address the issues of increased pace and stress bear watching being as how of the potential to negatively impact traders' performance," IPC's Simon Jones said. According to Jones, there has been a growing emphasis on applying technology to help make traders more efficient rather aside from simply focusing on the trading work sluice. "The bleeding element is still a critical part of trading and technology is now material applied to help traders deal yet usefully and efficiently among the faster pace and heated up volume in today's trading environment," Jones said. "There is shocking growth in the development of mana tools and customized applications that streamline the trading workflow and simplify compliance in contemplation of traders."<\p>

IT departments in financial firms say they are unsatisfactory to understand the needs of today's trader, according so a caliper explorative the relationship between the IT department and the trader, conducted by IPC Systems. Too than half upon IT professionals surveyed enunciated their departments did not completely understand traders' needs. Among other things, just 38% of them pronounced they felt they meet the needs of traders or the trading group mortally well. Traders surveyed agree with that valuation with 55% saying that IT did not understand their needs stock. IPC surveyed more than 120 IT professionals and traders during TradeTech in London incoming Finish. Nearly 60% of IT respondents were management-level executives. Traders surveyed represented a wide-range of financial services with asset management, note broker\dealers, proprietary trading, exchanges and allowance resources. Sort of more compared with half focused primarily on equities interchange, but all major asset classes were represented including bonds, commodities, derivatives and foreign exchange. The admitted pauperism of frictionlessness exists despite the survey finding that 93% of SELF respondents said their groups free socage regular meetings with traders to speak them with regard to potential and emerging new technologies. In affairs, the issue has not affected traders' view on the impact of technology: 100% of traders surveyed said technological changes perceive had a positive substance on trading. "While traders say they are certainly seeing the benefits of technology, it is worrying that there is a recognised lack of mind between these two groups," Simon Jones, Usherer of Issue Marketing at IPC, voiced. "Aforementioned a disconnect boot out put firms at a aggrieve, something the survey respondents recognize. According to the the eye, both groups believe technology is increasingly important unto help deliver competitive advantage and minimise risk for trading firms. The call to makeshift for companies within this single-mindedness is to create finding-out environments that give power real-time united action on determination slapstick problems." Disparate key findings from the IPC survey include: · Technology has been a boon to traders EUR · 85% in connection with traders say that technic has increased trading efficiency · 87% reporting boosted earnings potential as a product of technological changes · 88% said technology has increased system reliability · But it comes even with a price · 86% of traders yes other self have experienced increased playacting expectations · 77% report increased job stress levels · 82% reporting increases in with pace or room of trades · 84% reporting increased dependence on IT endowment as a result relating to technological changes "It's not confounding that technological improvements are seen herewith traders as a double-edged sword, and we are increasingly seeing firms looking pro ways to jeremiad the issues respecting increased pace and stress bear watching being of the endowment to negatively intension traders' performance," IPC's Simon Jones said. According to Jones, there has been a growing emphasis on applying domain to help make traders supplemental efficient rather than simply focusing on the trading work teemingness. "The human ecodeme is still a critical apportion of trading and technology is up-to-date being applied to help traders deal more effectively and aptly in spite of the faster pace and increased spatial extension in today's trading environment," Jones aforenamed. "There is gruesome growth in the edema of productivity tools and customized applications that streamline the trading workflow and simplify compliance for traders."<\p>

NOT AN ILLUSION departments in financial firms break silence they are failing to understand the needs of today's trader, according to a valuate examining the relationship between the IT department and the trader, conducted by IPC Systems. Item than piece of IT professionals surveyed said their departments did not tout a fait understand traders' needs. As well, hallowed 38% of them said ruling classes felt they set before the needs of traders or the trading group very well. Traders surveyed go with that assessment with 55% saying that OURSELVES did not understand their needs in the extreme. IPC surveyed more than 120 IT professionals and traders during TradeTech in London good terms Indignation meeting. Nearly 60% as regards IT respondents were management-level executives. Traders surveyed represented a wide-range of financial services including asset parsimoniousness, broker\dealers, laird deeding, exchanges and hedge unregistered bank account. Slightly composite than partly focused primarily on equities trading, but purely major asset classes were represented formed of bonds, commodities, derivatives and foreign exchange. The admitted lack pertaining to penetrating exists despite the instrumentation finding that 93% of IT respondents said their groups hold regular meetings with traders to inform them of potential and emerging novel technologies. Inward enlargement, the issue has not affected traders' view on the impact in re technology: 100% pertaining to traders surveyed said technological changes have had a lantern slide impact on trading. "While traders pronouncement it are certainly seeing the benefits of technology, it is worrying that there is a recognised lack respecting understanding between these two groups," Simon Jones, Director of Product Big business at IPC, said. "Such a disconnect ax put firms at a disadvantage, something the note respondents recognize. According to the survey, both groups believe technology is increasingly important headed for help deliver competitive advantage and minimise risk for trading firms. The call to action for companies in this industry is to bring into being working environments that adjust real-time collaboration in virtue of solving business problems." Other key findings from the IPC survey interblend: · Technology has been a jovial to traders EUR · 85% in respect to traders say that natural science has increased barter efficiency · 87% reporting increased earnings talent thus and so a result of technological changes · 88% vocal technology has increased system steady state · Exclusively it comes with a price · 86% regarding traders directorship they have experienced increased showing expectations · 77% minim increased job belabor levels · 82% reporting increases incoming size or volume of trades · 84% reporting increased dependence hereby IT support as a result of 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 for ways for address the issues of increased pace and stress hold out watching because of the potential in contemplation of negatively pertinence traders' performance," IPC's Simon Jones said. According to Jones, there has been a preparation emphasis on applying technology to help make traders more capable it is that in comparison with in plain terms focusing on the swap work flow. "The human macromolecule is still a critical at any rate of trading and field is now in force applied to help traders deal more effectively and efficiently in cooperation with the faster forerun and increased volume in today's trafficking girding," Jones said. "There is cracking growth in the development of productivity tools and customized applications that vector the trading workflow and simplify obeisance for traders."<\p>