Enterprise technology has not kept up with consumer technology. Consider the gains in the latter area: Amazon.com has figured out how to make intelligent recommendations and influence your buying habits; an iPad instantly offers access to a vast and organized world of multimedia entertainment; new applications come out every day on your smartphone to entertain you or enrich your life. By contrast, financial firms’ back offices often require weeks of manual work to produce what are too often opaque and error-ridden reports, none of which are integrated with one another. A new system update? That can take months or years to roll out. Why is the financial world’s enterprise technology still so archaic? If a 22-year-old programmer can put together a great iPhone app in a few nights, how can firms spending hundreds of millions of dollars on technology fail to produce a workable enterprise solution after months of hard work? One....