Posts Tagged ‘Financial’
Opus Global Hires Goldman Sachs Financial Technology Industry Veteran
Opus Global Hires Goldman Sachs Financial Technology Industry Veteran
PALO Alto, CA (PRWEB) November 11, 2013
Opus Global Holdings, LLC (“Opus Global”) announces the hiring of Julio C. Quinteros, Jr. as Senior Vice President, Corporate Development. Headquartered in Palo Alto, California, Opus Global is focused on pursuing businesses across certain segments of the financial technology industry.
Mr. Quinteros, a 17-year Wall Street equity research veteran, spent the last 15 years at global investment bank Goldman, Sachs & Co. As a senior equity analyst he recently led the IT Services research effort where his coverage included a diverse set of services and financial technologies companies. Within financial technologies, Mr. Quinteros focused on point-of-sale technologies, acquirers, prepaid, payroll, information services, and other payment processors. His coverage spanned ADP, BlackHawk, Equifax, FIS, Fiserv, Global Payments, Green Dot, MasterCard, NCR, NetSpend, Vantiv, VeriFone, Visa, Western Union, and others.
Mr. Quinteros said, “This is an exciting time in the evolution of the financial technologies landscape with the convergence of data, point-of-sale, consumer-led technologies, and regulatory requirements forcing a revamp of industry value chains and market approach. While many companies are working to establish their footprints or redesign existing business models, I believe that we are still in the early rounds of this evolution and look forward to working with Doug and the team at GTCR in helping identify and create a global financial technology platform that will benefit from the transformation of the industry.”
“We are excited about the opportunity to bring Julio on board,” said Opus Global Founder and CEO Doug Bergeron. “Julio has a well-established track record at Goldman Sachs and will bring Opus Global significant industry expertise, public market knowledge, and a global market perspective that align well with our efforts.”
About Julio C. Quinteros, Jr.
Mr. Quinteros, a 17-year Wall Street equity research veteran, spent the last 15-years at global investment bank Goldman, Sachs & Co. from 1998-2013. As a senior equity analyst (2008-2013) he led the IT Services research effort at Goldman Sachs where his coverage included a diverse set of enterprise facing companies including consulting, outsourcing, and offshore models. In financial technologies, Mr. Quinteros focused on point-of-sale technologies, acquirers, prepaid, payroll, information services, and other payment processors. During his tenure Mr. Quinteros ranked as the top stock Internet and Computer Services stock picker in the 2006 Wall Street Journal Annual Analyst Ranking survey and placed among the top stock pickers in his sector in 2009 and 2012.
Previously, he worked at Credit Suisse as a member of the Electronic Banking and IT Services team. At Electronic Data Systems (EDS), acquired by Hewlett-Packard, he worked in the Financial Industry Group in a market analysis and strategic planning capacity.
Mr. Quinteros holds a Bachelor of Arts degree in International Relations from the University of Southern California.
About Opus Global
Headquartered in Palo Alto, California, Opus Global is a company focused on pursuing businesses across certain segments of the financial technology industry. Opus Global will seek to execute a transformative strategy of value creation, including the development of international sales channels and opportunistic consolidation of products and services within fragmented markets. Leveraging $ 500M in equity capital commitments from GTCR and Doug Bergeron, Opus Global will invest in companies ranging from smaller, entrepreneurial businesses to multibillion-dollar enterprises en route to building an integrated, global financial technology leader.
For more information about Opus Global, please visit http://www.opusglobal.com.
Opus Global media inquiries: media(at)opusglobal(dot)com
Investment inquiries: investments(at)opusglobal(dot)com
Career opportunities: careers(at)opusglobal(dot)com
About GTCR
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $ 10 billion in over 200 companies. For more information about GTCR, please visit http://www.gtcr.com.
GTCR media inquiries:
Eileen Rochford
(312) 953-3305
eileenr(at)theharbingergroup(dot)com
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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Stock Market Picking Software Based On Twitter, Facebook, and Google Activity Released By ITM Financial
Stock Market Picking Software Based On Twitter, Facebook, and Google Activity Released By ITM Financial
Boston, MA (PRWEB) May 23, 2013
With the growing interest in just how much influence social media and the Internet play on stock market and certain stock prices, the new stock picking software release by ITM Financial seems to be at the right place at the right time. ITM Financial, which has been providing forex signal services and binary options software to traders for months now, unveiled its newest software, “ITM Stocks”.
ITM Stocks blends an advanced algorithm system that monitors Internet activity on sites like Facebook, Twitter, and Google, and then blends the information into more traditional stock analysis. “With the recent flash crashes in the market due to tweets on Twitter, the interest in how social media and Internet chatter is effecting a stocks direction has never been higher.” added ITM Financial CEO, Curt Dalton. “We see from our experience in forex markets and options, that there are certain ‘tells’ out there, like in poker, that can give you a pretty good idea on what direction a currency, commodity, or stock is going to move.”
The software release comes at a very important time in the algorithmic trading age, as just recently a false tweet from the Associated Press’ Twitter account about a possible bombing at the White House caused the Dow Jones to drop about 150 points in just a matter of seconds. “The velocity at which digital information is affecting our investment decisions is increasing exponentially each and every day.” says CTO, Ali Khan. “This is the first system that the average investor, who doesn’t have millions of dollars or access through a big hedge fund, can use to see how Internet sentiment and chatter are effecting and predicting stock price movements.” added Khan.
Although social media and Internet tracking of stocks is relatively new, the forward and back testing of ITM’s software show impressive returns on investment. “If we continue to excel in these areas of prediction, then members of the forex, binary options, and stocks program, will all be very happy.” added Khan.
ITM Financial uses a neural network of computers to monitor worldwide chatter and information on the Internet about currency pairs, commodities, stocks, bonds, and alternative investments. With a stunning success rate in the forex trading market and a strong start to its binary options trading program, the US Stock Market program is being released to current members. For more information on the US Stock Market software or a free trial, please visit http://www.stockmarketpicksitm.com/.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Plastyc to Collaborate with Consumer Financial Protection Bureau on Project Catalyst
Plastyc to Collaborate with Consumer Financial Protection Bureau on Project Catalyst
New York, NY (PRWEB) November 14, 2012
Plastyc announced today it will collaborate with the Consumer Financial Protection Bureau (CFPB) on Project Catalyst, an initiative designed to support consumer-friendly innovation and entrepreneurship in the marketplace. Plastyc is also participating in a CFPB public event on entrepreneurship and innovation today at the Computer History Museum in Mountain View, CA.
CFPB was created as part of the Dodd-Frank Wall Street Reform Act following the financial crisis of 2007-2008. The central mission of the CFPB is to make markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products.
Through Project Catalyst, the CFPB will collaborate with companies on data sharing about consumer behaviors and trends. These collaborations help the Bureau better understand what works and does not work for consumers. As a data-driven agency, the CFPB always wants to learn more about what innovators are discovering about consumer wants, needs, and practices and the Bureau will use that data gathered to better inform policy decisions.
Plastyc’s data-sharing collaboration with Project Catalyst will focus on the value consumers place on easily depositing and obtaining immediate access to their funds.
“Behavioral data, separate from the transactions themselves, is informative and essential for improving consumer’s access to quality financial services,” said Peyret. “We are thrilled to collaborate with the CFPB through Project Catalyst to support consumer-friendly innovation.”
More information about Project Catalyst is available at: http://www.consumerfinance.gov
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About Plastyc
Plastyc delivers good banking for all by providing 24/7 access to FDIC-insured accounts through any Internet-connected computer or cell phone. Unlike traditional checking accounts, Plastyc’s iBankUP portal and UPside cards offer smart, easy to use services at lower prices, with no risk of overdraft. Plastyc’s principals and directors have a track record as financial services innovators at companies like Gemalto, Oberthur, Signio (now part of PayPal, an eBay company), ClairMail, Lending Club and Genetic Finance. Plastyc is privately held with headquarters in New York City. For more on Plastyc, visit http://www.plastyc.com.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Start-up Company Nicira May Revolutionize the Internet, According to Top Financial Site Penny Stock Detectives
Start-up Company Nicira May Revolutionize the Internet, According to Top Financial Site Penny Stock Detectives
New York, NY (PRWEB) April 25, 2012
Danny Esposito, co-editor for Penny Stock Detectives, believes the greatest opportunities to be had in technology stocks can be found in start-up stocks. As reported by Esposito in a recent Penny Stock Detectives article, one start-up stock, Nicira, which has not gone public yet, had a “crazy” idea of creating software to route information instead of hardware. Dismissed as nonsense at first, the company persevered and is getting other technology companies involved with software that could revolutionize the Internet.
“One of the biggest problems on the Internet today is security. We are constantly worried about our personal computers being hacked and our credit card information being used,” comments Esposito. “The thing with the Internet is that it is made up of various hardware platforms: routers and servers created by technology stocks today. The hardware is unreliable, which makes it vulnerable to hackers. Also, the hardware is limited by what it can do. This, in turn, places limits on the Internet.”
According to Esposito, virtualization is an established technology that has improved the way computing is done today. Virtualization is a software replica of a piece of hardware. So, to infiltrate the Internet, this start-up used virtualization to install and run its software program throughout the Internet.
Nicira discovered that, with virtualization, its software could imitate and, more importantly, control all of the hardware that exists throughout the Internet, notes Esposito. The editor describes the software as being the brain that controls all of its extensions; in this case the routers and servers around the world.
The software places itself on top of the hardware, but in its own software world. This means that hackers could not break into it unless they had the specific software passwords. This would make the Internet more secure, according to Esposito.
Another advantage with this software, according to Esposito, is that it can be created to be more powerful than a roomful of servers and routers. The editor feels that this means that the speed of the Internet would improve for everyone as well; revolutionizing what technology stocks are doing today.
If a room full of servers and routers breaks down, the software finds another home on another server in a place within 30 miles of where the breakdown takes place. This could potentially mean that Nicira has found a way for the Internet to avoid ever being unavailable to users, comments Esposito.
The market for such a product could surpass $ 2.0 trillion in revenue, according to Esposito’s article. Due to Nicira’s influence, other technology stocks are experimenting in this area. Esposito thinks this sounds like an interesting area to explore.
Published every business day, Penny Stock Detectives researches and analyzes low-priced opportunities in the stock market and individual stock market sectors. Penny Stock Detectives reports on penny stocks, small-cap stocks, micro-cap stocks, high-profit potential plays mostly under $ 10, and the stock market in general.
To see the full article and to learn more about Penny Stock Detectives, visit http://www.pennystockdetectives.com.
The editors of Penny Stock Detectives believe low-priced stocks, when researched properly, present investors with great opportunities to accumulate wealth and to increase the value of their investment portfolios. You can learn more about Penny Stock Detectives at http://www.pennystockdetectives.com.
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.