Globe and Mail – Traders, advisers and fund managers  the middle men that stand between investors and their money  are a becoming a dying breed as massive changes brought on by the need for speedand transparency sweep through the global financial markets industry over the next decade, according to a survey by the IBM Institute for Business Value.
And interestingly, it is the little guy  the individual investor  who stands to benefit from the major changes expected in the industry between now and 2015, the survey suggests.
IBM, together with the Economist Intelligence Unit, spoke to more than 400 executives who run 296 of the world’s largest exchanges, brokers/dealers, asset managers, custodians, hedge funds and regulatory bodies in 61 countries.
“These executives overwhelmingly believe that more profit will flow to investors in an increasingly transparent marketplace [and] traders, analysts, fund managers; all who stand between investors and their money will come under withering pressure to deliver or depart by 2015,†the survey found.
