I was astounded by an article from The Wall Street Journal that noted that JPMorgan Chase’s “40,000 technology employees make up about 17% of the bank’s head count.”

I have no idea whether that is a reasonable number to support JPMorgan’s vast global operations. But reading that article prompted me to think about the efficiencies that can be gained by a cloud versus legacy technical environment and to recall the operating principles that guided the formation of our company.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access