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>