Excel - Most IBs are still using 2003?
I remember reading in a post a few months back that seemingly most IB's are still using Excel 2003, has that began to change in any noticeable fashion, or is any change/updating going on not large enough to be generally noticed yet?
I have heard many say they much prefer 2003. 2010 just came out. But the word is that Microsoft made the least amount of changes to Excel versus every other program in the suite from 2007. Some new features include collaborative editing and minigraphs shown in an individual cell.
The only reason Goldman get the most revenue is because they're the only bank that uses 2007.
That probably is the reason.
I think technology tends to stick when the most recent MDs are put into place. I know at Lazard that they still use the HP12c calculator because the MDs are old, and don't want to take the time to learn newer models.
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