# Prof. Ingo Walter's research on trading technology is highlighted

1 Faculty News February 14, 2014 ![](/sites/default/files/styles/246w/public/assets/images/con_046409.jpg?itok=9bAgud_N)>

Excerpt from [Traders Magazine](http://www.tradersmagazine.com/news/buyside-firms-trading-with-legacy-it-are-less-competitive-112105-1.html) -- "The outmoded technology used by buy side firms 'bear the characteristics of the typical legacy system,' writes [Walter](http://www.stern.nyu.edu/faculty/bio/ingo-walter). He added that these aging systems are 'defined as inflexible, outdated and composed of a patchwork of disparate technologies, these systems severely limit product and business development while increasing risk.' according to a press statement about the white paper."

[Read more](http://www.tradersmagazine.com/news/buyside-firms-trading-with-legacy-it-are-less-competitive-112105-1.html)