Financial Services Industry
Industry: Email Alert RSS Feed$1B Merrill workstation headache; Project problematic - but the reps like it.(News)
Investment News, September, 2005
Byline: Dan Jamieson
IRVINE, Calif. - Merrill Lynch & Co. Inc is in the midst of rolling out its $1 billion workstation, dubbed the Wealth Management Technology Platform, and the impression from brokers generally is positive. The development of the platform, however, has been fraught with problems.
"It's been plagued with problems,'' said a technology consultant familiar with the project who asked not to be identified. The source said the firm had attempted several rollouts prior to the current effort, which apparently began late last year.
The new Merrill system is believed to be the biggest workstation project undertaken in the financial services industry, according to industry observers.
New York-based Merrill Lynch...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Getting the global view: Nestle, led by Peter Brabeck-Letmathe, climbs to the #1 spot in this year's Best Companies for Leaders
