Its rivals in financial information management systems were SAP and Oracle.
The goal is to make sure IT governance is up to snuff and financial information from systems can be relied upon.
FORBES: Getco Gets NYSE Listing Via Reverse Merger With Knight Capital
For accountants, the harshest aspect of the new legislation is its outright ban on nine kinds of non-audit service, including building financial-information systems, legal services and investment banking.
Created financial information services firm Innovative Market Systems to sell financial data, analytic tools to Wall Street.
Leno formerly served as the executive vice president of finance and information systems and chief financial officer.
Agencies and the Government as a whole must continue to work to implement systems that report financial and program information quickly and reliably, and then to use that information in our stewardship of the Nation's resources.
Watson says his company can afford to offer financial incentives, because it has newer and more efficient information technology systems than established insurance companies, and lower administrative expenses.
FORBES: SeeChange Health Ushers In A New Model For Health Insurance
These include cancer and immune-inflammatory biotech drug company Celgene ( CELG), pharmacy benefits manager and health information systems supplier SXC Health Solutions ( SXCI), economic, financial, and political researcher IHS Inc ( IHS), and shale oil and gas producer Continental Resources ( CLR).
After he was let go from Salomon when it was acquired in 1981, the budding entrepreneur used his information systems expertise to launch Bloomberg LP, which provided advanced computer systems for traders and financial firms.
And corporate breaches spill millions of customers' credit card information into the black market: A breach in January at the retailer TJ Maxx revealed the private financial data of more than 46 million customers, while Certegy Credit Systems, a branch of Fidelity National Information Services, announced last week that a former employee had stolen and sold customers' data, exposing as many as 2.3 million accounts.
And corporate breaches spill millions of customers' credit card information into the black market: A breach in January at the retailer TJ Maxx (nyse: TJX - news - people ) revealed the private financial data of more than 46 million customers, while Certegy Credit Systems, a branch of Fidelity National Information Services, announced last week that a former employee had stolen and sold customers' data, exposing as many as 2.3 million accounts.
For example, information-gathering tools, such as reconnaissance satellites and the associated support systems, require substantial and sustained financial commitments.
By contrast, Dow Jones fits the mold of a traditional news media company, having tried and failed to compete in the financial data business in the 1990s through its troubled acquisition of Telerate, which it eventually unloaded in 1998 to Bridge Information Systems.
应用推荐