Theresa Carey

Shortly after announcing disappointing earnings for the quarter ended June 30, 2004, Charles Schwab and Company announced that David S. Pottruck, who has served as CEO since January 1998, has resigned. Former CEO Charles Schwab will retake the corporate reins and continue to serve as board chairman. “During his two decades here at Schwab, David […]

Welcome to the online destination for decision-makers interested in keeping up-to-date on financial technology. Our goal is to create a virtual home both for producers of financial technology and services as well as for buyers. Its been a lonesome few years for the members of this community. Ever since the big push to convert financial […]

Increasing pressures from both regulators and clients will top the list of business concerns among US investment management firms over the coming year. New research from TowerGroup, an advisory research and consulting firm focused on the global financial services industry, identifies the Investment Management industrys Top 10 business drivers. The report also pinpoints the Top […]

While the planned obsolescence of Microsoft Corps Windows NT 4.0 comes as no surprise, still, some customers have been slow to hear the warning bell, especially in the financial services industry. So a non-profit group comes to the rescue, letting commerce—and the oh-so important security patches—continue unabated. But at a cost. BITS, a nonprofit consortium […]

The end of life for Windows NT 4.0 arrives at the end of June and Microsoft Corp. refuses to extend its support for the platform even a day longer. However, for many financial services firms and other enterprise customers, the platform is still referred to in present tense. According to one integration consultant with clients […]