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How service orienting systems could help prevent the next financial meltdown

Source: ZDNet

As we pull out of the recent financial crisis, there’s been no shortage of finger-pointing as to who’s to blame — banks, Wall Street, the Fed, the regulator, Fannie and Freddie, to name a few. But one IT industry expert says the blame should be boiled down to ineffective information technology.

My colleague here at the ZDNet blogging community, Andrew Nusca, reports on a conversation he just had with Sudhakar Ram, chairman and co-founder of Mastek, who pins the blame for the recent economic meltdown on “aging, overly-complicated IT systems.

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