“Wachovia and Others: Trading Securities at the Speed of Light”

Report Creation
Assignment # 1

Name: Anees Ur Rehman

Enrolment: (02-101202-023)
Subject: IT SKILLs
Instructor: Ms. Farah Naz
 “Wachovia and Others: Trading Securities at the Speed of Light”

Contents
Case Study..................................................................................................................... 3
“Wachovia and Others: Trading Securities at the Speed of Light” ................................... 3
Figure.1 ........................................................................................................ (’Brien, 2020)
First Text of the Report.................................................................................................... 4
Question: 01 ........................................................................................................................... 4
Answer ........................................................................................................................... 4
Second Text of the Report............................................................................................ 4
Question: 02 ........................................................................................................................... 4
Answer ........................................................................................................................... 5
Third Text of the Report ................................................................................................ 6
Question: 03 ........................................................................................................................... 6
Answer ........................................................................................................................... 6
Abstract .......................................................................................................................... 7
Conclusion ..................................................................................................................... 7
 “Wachovia and Others: Trading Securities at the Speed of Light”

Case Study

“Wachovia and Others: Trading Securities at the Speed of Light”

 “Wachovia and Others: Trading Securities at the Speed of Light”

First Text of the Report

Question: 01
What competitive advantages can the companies describe in the case drive from the use
of faster technology and co-location of servers with the exchanges? Which would you say
are sustainable and which ones temporary or easily imitable? Justify your answer.

Answer

By using faster innovation in their work, Wachovia's corporate and speculative bank made
legitimate adjustments to their business cycle, reducing process time and generating
losses. They rearranged the parts they were using for the faster network from frame to
frame and created a simple, unambiguous ranking channel that encompasses all angles of
organization, from investigation to advertising. Speed was their main concern. As they did
from faster innovative use, making the calculation strategy correct and accurate while
excluding other business possibilities for data innovation, increased losses to a few
degrees. Innovative innovation has a life cycle and nothing else in it. There, this thinking
was tentative and effortlessly imitated and could have a major impact thereafter in the
future

Second Text of the Report

Question: 02

Tony Bishop of Wachovia stated that “Competitive advantage comes from your math,
your workflow and processing through your systems.” Referring to what you have learned
in this chapter, developing opposing viewpoints as to the role of IT, if any, in the
development of competitive advantage. Use examples from the case to support your
positions.
 “Wachovia and Others: Trading Securities at the Speed of Light”

Answer
5
Knowing your numbers continuously makes the difference in gaining a competitive
advantage. The calculations are exceptionally very fundamental to form while sending an
innovation within the trade so that you can discover the advantage gained. In the event
that a technology helps an organization to reduce the recovered data, through the correct
and orderly administration of an organization's internal workflows which makes productive
processing possible at that point, since it is productive to send innovation within company,
but the competitive advantage is not. So to speak approximately accuracy of the data, in
the case made so to speak that cannot make the organization competitive enough. Taking
a toll is not just the calculation that ensures an organization's competitive advantage on the
cost side, there are packages of things that come together to create a competitive weapon
in data innovation. The quality of the articles and administrations, modern thoughts and
highlights included in the article and even the mass submission are equally vital to soliciting
competitive advantage through the use of data innovation. Customer-centric commercial
structure, committed to providing the best quality items with unique characteristics; at
reasonable costs covering the broader section of advertising using data innovation to
encourage every job is critical to gaining a competitive advantage. For example, in the
case of Wachovia, uncoordinated computing capabilities with Pale made it difficult to
achieve fascinating efficiency from using innovation.
 “Wachovia and Others: Trading Securities at the Speed of Light”

Third Text of the Report 6

Question: 03

What companies in industries other than securities trading could benefit from technologies
that focus on reducing transaction processing times? Provide several examples.

Answer
The organizations that should be dealing with an enormous number of exchanges in a real-
time situation can benefit from technologies that aim to shorten the preparation times for
exchanges. If the customer is staying to complete the preparation and parts of the exchange
need to be done at this point, innovations are used that increase the speed of the method.
This makes it less of a hassle to oversee work and ensure customer satisfaction.
Organizations data framework should be used almost effectively by customers so that lag
issues can be prohibited. The hospitality industry can benefit from advances that reduce
exchange turnaround times. For reservations, cancellations, and resident data, data should be
created quickly, and delays in creation can pull parts of customers to the organization. For
visitors, data and its remainder, as well as their other data, faster progress can be used to
increase the company's effectiveness through customer fulfillment through successful
management and use of purposeful data innovations
 “Wachovia and Others: Trading Securities at the Speed of Light”

Abstract:
Usually the only one in the total report. We add an advertising figure related to money. In this
case, we consider around competitive preferences. The most they did with faster inventive
utilization was to make the number frame positive and accurate without taking into account the
various possible business outcomes of information development, which spread its cost to
some extent. And the moment one is to create the opposite creative point of view on the IT
side. Calculations are exceptionally vital to creating an innovation that commerce was
seeking. But competitive advantage isn't just about the accuracy of the numbers, on the off
chance that, so to speak, it doesn't make the organization competitive enough. Obtained is
not like the calculation that guarantees the competitive advantage of an organization along
with costs, there are parcels of things that come together to form data innovation into a
competitive weapon. The third we ponder the illustration of customer compliance, the
organization data.

Conclusion

Organizations can benefit from innovations focused on reducing trade preparation times.
When there is a client delaying the completion of the handle and there are parts of
exchanges that need to be done at this point, use advances that speed up the method, it is
less demanding to supervise the work and guarantee the client