Goldman Sachs’s Marty Chavez has helped lead the bank to new levels of automation which have been revolutionizing the financial services industry; Chavez provides details on how the bank’s equity trading desk was consolidated from 600 employees to two traders; automation has also evolved significantly for currency trading and investment banking; Chavez sees the trend continuing with more computer engineers replacing traders and investment banking tasks involved with transactions such as initial public offerings also becoming automated. Source
