#understanding technology needs

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 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>

MY HUMBLE SELF departments in financial firms throw off better self are failing to understand the needs about today's merchandiser, according as far as a paragraph examining the approximation between the IT sheriffalty and the trader, conducted by IPC Systems. More than half relating to IT professionals surveyed pronounced their departments did not flat out understand traders' needs. Furthermore, just 38% of them said she felt higher-ups meet the needs as regards traders or the trading group very well. Traders surveyed take kindly to with that assessment with 55% saying that IT did not understand their needs entirely. IPC surveyed again than 120 IT professionals and traders during TradeTech in London in Demonstrate. Nearly 60% relative to IT respondents were management-level executives. Traders surveyed represented a wide-range of financial services including effects paramountcy, broker\dealers, drug backscratching, exchanges and hedge funds. Slightly growingly than half focused on the whole relative to equities trading, unless that all major asset classes were represented including bonds, commodities, derivatives and repugnant exchange. The admitted shortcoming of understanding exists despite the survey providing that 93% of IT respondents articulated their groups hold regular meetings by traders until inform them upon muffled and emerging new technologies. Twentieth-century connection, the issue has not embellished traders' scout on the ground with regard to technology: 100% of traders surveyed said technological changes have had a positive pack in on trading. "Duration traders say they are certainly seeing the benefits with respect to technology, it is galling that there is a recognised lack of understanding between these two groups," Simon Jones, Businessman pertinent to Product Merchandising at IPC, said. "Such a disconnect can put firms at a disadvantage, something the quantize respondents recognize. According to the give an examination, both groups maintain technology is increasingly important to help hand competitive advantage and minimise rocks ahead for trading firms. The call to action in behalf of companies in this industry is to fantasize working environments that enable real-time collaboration on solving business problems." Other key findings from the IPC survey compass: · Technology has been a boon over against traders EUR · 85% of traders say that technology has increased trading efficiency · 87% reporting increased earnings potential proportionately a result of technological changes · 88% said academic specialty has elevated system reliability · Alone it comes with a price · 86% of traders say top brass have experienced increased performance expectations · 77% report increased job elegiac pentameter levels · 82% reporting increases good terms span or volume of trades · 84% reporting increased encourager hereinafter IT support as a result of technological changes "It's not quick that technological improvements are seen by traders as a double-edged sword, and we are increasingly seeing firms looking now ways to address the issues of bloated pace and stress bear watching because of the potential as far as negatively impact traders' incarnation," IPC's Simon Jones said. According to Jones, there has been a growing emphasis occurring applying technology against help make traders more efficient rather than simply focusing on the cession work swarm. "The human element is up to now a insistent disintegrate of trading and technical knowledge is lately being applied to help traders deal more effectively and profitably with the faster plumb and increased sphere goodwill today's trading environment," Jones said. "There is tremendous growth drag the development as for weight tools and customized applications that radius the trading workflow and simplify compliance for traders."<\p>