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After the long wait, today is the day. The European Union's Markets in Financial Instruments Directive is finally upon us. Quite what it will mean to the future of trading in the UK and Europe remains to be seen, but there are sure to be winners and losers - and technology may well hold the key.

In the world of retail, there is also a huge number of firms that want to know what the future holds for retail systems specialist Torex after its recent governance troubles. We caught up with Torex this week and got the latest from its new owners.

For more detail on these stories, and all this week's news for IT directors and managers, check out ComputerworldUK.com. Share your views with us. Why not download the latest white papers from our comprehensive library of over 3,000 papers and explore the latest opinions on the Computerworld UK site?

Editor's highlights

Government not monitoring open source use, minister admits

No take-up targets three years after pledge to avoid 'lock-in'

Marks & Spencer and Logicalis sign development-and-support deal

Retailer wants service provider to help drive innovation

Under-pressure Torex eyes move into BI and beyond

'Retailers want to know exactly what a customer does'

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Brave new world is only five years away

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"This is no more than to be expected. The government has no particular interest in open source other than rolling out the standard platitudes followed by inaction as it is the taxpayer who bears the cost of IT spending. For other studies they look abroad, but for IT studies they look to the very institutions that have nothing but a trail of failures to log. Meanwhile, we as taxpayers pick up the tab that's passed on in full for vendor lock-in."

From: Government not monitoring open source use, minister admits

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