The plan is to create a ‘virtual pool’ of computing resources that can be accessed and deployed as needed by the investment bank.
Industry watchers are split on the levels of IT spending for 2003, with some predicting growth and others expecting further cuts. A survey by CIO magazine in the US predicts that spending on hardware and software will see moderate growth of 4.6% this year, while a rival report predicts a spending drop.
According to Goldman Sachs, companies will spend even less on software and hardware in the next 12 months than they did last year.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.