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Why crowdfunding threatens traditional bank lending

May 1999

Roundtable: Investment Banking and Investing in Technology


Information technology is the catch phrase of the moment. The issues surrounding Y2K, the introduction of the euro and spread of the internet are the bread and butter of an ever-expanding industry. They are also the daily bread of the key figures we invited to participate in our roundtable. What are the new challenges they face and how did they solve the old?


Edited by Hannah Wilde.

Participants:

Bill Cline
Andersen Consulting Financial Services Partner

Tim Coote, James Greaves, Simon Lake, Jason Love, and Amanda Sherwood
Cap Gemini

Al-Noor Ramji
Global CIO, Investment Banking, Dresdner Kleinwort Benson

Marc Sternfeld
Head of IT/Operations, Deutsche Bank

David Hardisty
Partner, Corporate and Investment Banking IT, KPMG Consulting



What are the three biggest technology challenges you have faced over the last three years? Today?
Al-Noor Ramji, Dresdner Kleinwort Benson: Assuming that you don't include people in this question, I would say that the biggest challenges have been to integrate third party and in-house software, to build a complete range of component services and to repair/fix the bad design of third party software.
The issue today is one of "putting the Investment Bank on the Web" for our clients as well as our enterprise internally.

Bill Cline, Andersen Consulting: In the past three years the biggest challenges have been the decommissioning...


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