Given the economic and regulatory pressures facing the financial services industry, firms’ technology organizations face some heavy burdens. In fact, some observers have suggested that IT innovation in the United States already has fallen victim to cost and compliance demands. But four of the industry’s top technology leaders would argue otherwise...
Has IT ingenuity fallen victim to cost and compliance pressures?
Four of the financial services industry’s top technology leaders offer their opinions in an exclusive interviews with Wall Street & Technology.
- Kevin Murray, EVP and CIO, AXA Equitable.
- Jon Beyman, Managing Director of Operations and Technology - Global Institutional Client Group, Citi
- Steve Rubnow, EVP and co-CIO, NYSE Euronext.
Random portfolios select a sample of portfolios that obey a given set of constraints.
They have many uses -- measuring performance is one of the most important.
Performance can be measured much more accurately with random portfolios than
with other methods. The measurement can be on hypothetical strategies in backtests
as well as traditional performance measurement.