Wall Street Systems is repositioning its product offering in a new business strategy. The company also has aggressive growth plans for 2007, including a major recruitment drive, the relocation of both its USA and European headquarters, and significant investment in research and development.
“Bank consolidation, market commoditisation and regulatory demands are leading many financial institutions to re-asses their technical requirements,” says Maggie Scarborough, research manager – Banking Practice at Financial Insights.
“These changing market conditions will result in many banks significantly investing in infrastructure, so it makes sense for providers of solutions to ensure they can meet the demands of this industry. Wall Street Systems is well placed to meet these demands.”