According to Eions Gregersen, director of the IBM World Trade division responsible for exchanges and banks in Denmark, all financial institutions in Russia can be divided into two groups: the first group comprises organisations with short-term interests, which have no intention of developing their infrastructure and thus purchase powerful computers; the other is organisations with long-term ambitions, a business strategy that are ready to invest into the future; Gregersen says that the largest Russian exchanges and banks have now out-grown the computer systems they bought initially – these organisations, which are now in the market for larger non-personal computer based systems, want access to international computer networks.