2. Tech Fail
The problem is that this thing just doesn't work.
— a Morgan Stanley brokerage executive told the FOX Business Network, referring to the technology system for the brokerage sales force. It has so many glitches that brokers can’t sign up new clients, according to FBN.
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio