Buy Side's Tech Spending Rises in the Clouds

摘要

The post-crisis spending freeze has begun to thaw on Wall Street, but industry experts predict that buy-side firms will still be gun shy when it comes to investing in upgrades to their information technology infrastructures in 2011. ,While IT budgets are expected to see a modest bump this year, with portfolio management and trading volumes projected to pick up, they'll still be a long way from pre-crisis levels.