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(1). The absolute minimum you need to do to not get in trouble with the Feds.
“This sounds like it’s going to cost a lot of money to get this done. What’s our baseline suitability obligation here? Do we really need to have a system that works THAT good?”
(1). A delicate term used to describe wealthy (and, thus, sensitive and emotional) clients who treat everyone they come in contact with as “the help”.
“This is a high touch business, people. Our clients just won’t tolerate things like weekends off, nights with the family or religious holidays. We’re always on!”
(1). To develop a software application, program or service offering from scratch, without using outsourced providers (see proprietary), usually resulting in high cost, extreme delays and poor customer support.
