Community
The McKinsey Quarterly has bagged an interview with Diane Schueneman, the head of Merrill Lynch's Global Infrastructure Solutions unit. The new division combines the firm's IT and operations arms.
Schueneman explains how this integration has led the company to set new and ambitious goals for its combined operations and IT units and how it is building the capabilities to achieve these goals.
The three-year plans calls for a radical shift in budget priorities, with plans to spend 70% on new development and 30% on maintenance. The second goal is to substantially increase straight-through processing to 99% of commoditised, high-volume transactions.
These are ambitious objectives. You can read the full interview here.
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Ugne Buraciene Group CEO at payabl.
16 January
Ritesh Jain Founder at Infynit / Former COO HSBC
15 January
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
13 January
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.