We need to question technology to insure that markets continue to perform their fundamental purposes.
Sentiment: NEGATIVE
For businesses to be successful, they need to constantly ask the question: 'How can we provide value to our customers?' At the end of the day, that is what matters.
There is an enormous market demand for information. It just has to be fulfilled in a way that fits with the technology of our times.
Nobody wants to be against technology, but I think that regulators should not - and people should not - assume that faster is always better in markets. We need to question technology to insure that markets continue to perform their fundamental purposes.
Well, another market is being created now out of Internet technology.
The problem we were struggling with within the closed market was what the incentive would be. You probably wouldn't use dollars. But those are all questions that need to be explored.
We are driven by providing technology to enterprise customers.
I think we all realize the consumer has taken control, and they're not giving it back. So as every new technology comes forward, we have to figure out how to integrate it.
The real questions are: Does it solve a problem? Is it serviceable? How is it going to look in ten years?
The time horizon may be too long for sole reliance on market solutions - but perhaps the inventiveness of the financial services industry will prove me wrong that point!
It is important to exhaust the potential of existing markets. But it is equally important to open up new markets.
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