Lab49 will explore how to minimize IT costs
London, New York– April 17, 2012 — Lab49 (www.lab49.com), a strategy, design and technology consulting firm that builds advanced solutions for the financial services industry, will be speaking on a panel at TradeTech London 2012 on Wednesday, April 25. Lab49 together with GLG Partners, Quant Hedge, Invesco Perpetual and Legal and General Investment Management will be discussing how to achieve optimal trading system performance while minimizing IT costs.
Lab49 will explore how IT costs can be controlled and identify which vendor relationships are necessary to support strategic IT investment plans. Additionally, Lab49 will describe the potential risk factors involved when introducing a complex trading product and the true cost of trading as firms aim to grow market share. Several best practice approaches will also be presented to help firms recognize new market opportunities.
While firms need to be cautious about their IT investment priorities, they also need to be wary of the affects IT cost reduction may have on trading system performance. Lab49 have worked with global investment banks, buy-side firms and exchanges to examine the impact of regulations, emerging technologies and the changing competitive landscape. Every type of financial firm needs to establish an accurate IT forecast, not only to improve business performance, but to accelerate growth and quickly react to market changes.
Wednesday, April 25, 2012 at 14:15pm GMT
TradeTech London 2012
Excel Centre, One Western Gateway,
Royal Victoria Dock, London E16 1XL