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Tech Trumps Tradition

Traders Magazine, May 2001

Matt Fox

Advances in technology have reduced entry barriers for securities industry firms, resulting in the commoditization of many services and a shift in customer loyalty.

Increased economic and regulatory pressures are also forcing rationalization of the marketplace. Companies with the funding to reach profitability and the capability of executing a business plan with precision will prevail in an environment that values the "bottom-line."

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