I've been wading through it as well. All the breathless gushing may be necessary for investors, but are they actually saying anything, other than endless efforts to reduce the cost base ?. From what I can see, they are upgrading all their IT to a common standard across the group and that work is still in progress, so plenty of room for trouble as the old kit is replaced by new. The software complexity must be horrendous, not to mention all the hardware and networking kit assocuiated with it. Admirable aim anyway.
Couple of things sprang out:
“It's using the Cloud, and we're really positive that we've now got both the BA and IB selling teams, who are able to do dealing and, also, workflow within a single system in absolutely future technologies”…
and:
“But, equally, you're going to see a much more Windows environment”....
So, up to date with the latest trendy cloud tech, but is it organised in a fully redundant manner and with guaranteed real time perfomance and failover ?.
Since when was anything from uSoft ever considered robust enterprise class ?. Fine for desktops and order processing, but wouldn’t be using it for any critical infrastructure, anywhere.
If you want stuff that works from top to bottom, go to IBM or Oracle. Very expensive, but good reason for it…