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Technology / AI and automation

ADP FINANCIAL INFORMATION SURVEY

The big City spending on computers before and since the Big Bang last October will continue to grow, according to a survey carried out by ADP Financial Information Ltd before the Stock Market went into free fall; ADP is forecasting a 1988 dealing room budget of UKP345m, against a 1987 spend of UKP264.7m; 76% of the dealing room managers surveyed want to re-equip their offices within the next two years – but no doubt the survey was comple-ted before Black Monday, and many plans may well now go onto hold.

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CBR Staff Writer

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