Sunday, April 19, 2009

Marrill Lynch

Q1:
Merrill Lynch needed to update its It services to keep up with the competition and maintain its IT gained revenue and services.

Q2:
Since online data management and service had great revenue for the company and the trend in business was moving fast toward use of internet. It was prudent for Marrill Lynch to consider a strong IT as part of their business strategy

Q4:
It appears that Andrew Brown had finally convinced the management that selling the technology was a money saving strategy for the company but it does not appear that Marrill Lynch eventually had solved its IT issues nor its economical situations.
As a Merrill lynch service user, I do not think their web services are as intuitive or useful as Fidelity for example. And as we all know, the company has been in a grave financial problem recently …

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