To: Lizzie Tudor who wrote (67746 ) 9/27/1998 1:44:00 PM From: divvie Respond to
I agree that the tendency is to move to more distributed best of breed applications, but the key has to be to maintain data integrity. We have a number of different front office trading systems that link to the outside world and to our back office. Something as simple as setting up a customer needs to be controlled to such an extent that the customer code given by Reuters in their dealing system (that links to the outside world) has to be mapped to the customers set up in the position keeping and mark to market system which has to be mapped to the customer in the back office settlements and GL system. We have traders trying to bring in systems that they have worked with in the past, they by-pass IT, get the vendor in and then everyone realizes that IT needs to get involved to set IP addresses, virtual drive mappings, start up scripts to ensure that the users profile maps to the application, etc., the data mapping and so on.
