CA Joins Financial Services Technical Consortium
CA to Contribute IT Management, Security and Storage Expertise To Leading Industry Organization
ISLANDIA, N.Y., and NEW YORK CITY, May 3, 2006 – CA (NYSE: CA) and the Financial Services Technical Consortium (FSTC) announced today that CA has joined the FSTC as a Technology Vendor member and will help develop industry standards and solutions for the management of IT systems, security and storage in the financial services industry.
FSTC is comprised of North America-based financial institutions, technology vendors, independent research organizations and government agencies.
“We are delighted that CA has decided to join FSTC as a Technology Vendor member,” said Tom Vicknair, FSTC board member and SVP, Centralized Transaction Operations/Global Core Operations, JPMorgan Chase. “Their years of experience working with leading financial institutions to help get the most from their investments in technology should be a tremendous asset in our efforts to deal with the industry’s most pressing issues.”
CA’s IT management solutions help financial services firms address a full range of strategic challenges-including compliance, regulation, security, fraud, architecture, automation and integration. According to a 2005 study conducted by American Banker and the research firm Financial Insights, CA is one of only 25 ranked companies on the American Banker/Financial Insights FinTech Enterprise list.* Of those vendors, CA is third in terms of the percent of revenue it derives from the industry.
Mark Barrenechea, CA’s CTO, will oversee CA’s participation in the FSTC’s Security and Infrastructure Standing Committee and its Enterprise Architecture Standing Committee.
“Financial services firms have always valued the unique discipline and replicable best practices that CA brings to the management of the enterprise IT environment,” said Mark Bubar, vice president of financial services at CA. “Through our participation in the FSTC, we will be able to further promote these best practices and exert further salutary influence on the way banks and other financial institution manage their technology investments.”
* “The Top 25 Enterprise Companies in FinTech,” American Banker and Financial Insights (an IDC company), November 8, 2005
About the FSTC
FSTC brings together diverse, and often competitive financial institutions, industry services providers, government agencies, and others to collaborate and find solutions to key industry challenges. Project topics come from member financial institutions and are driven by participating members with the support of FSTC staff. For more information on FSTC or current and future FSTC projects, please visit http://www.fstc.org.
CA (NYSE: CA), one of the world’s largest information technology (IT) management software companies, unifies and simplifies the management of enterprise-wide IT. Founded in 1976, CA is headquartered in Islandia, N.Y., and serves customers in more than 140 countries. For more information, please visit http://ca.com.
Copyright © 2006 CA. One CA Plaza, Islandia, N.Y. 11749. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies.
- Contact Information
- Bob Gordon
- press contact
- Contact via E-mail
This news content was configured by WebWire editorial staff. Linking is permitted.
News Release Distribution and Press Release Distribution Services Provided by WebWire.