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

I have no idea if that’s 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 which guided the formation of our company.

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