Access Data Corp. Acquires Newton Partners, Inc.; Expands Offering and West Coast Presence.Business Editors PITTSBURGH--(BUSINESS WIRE)--Dec. 13, 2001 Access Data Corp., a specialty firm that offers complete business, technical, creative, software, and managed hosting solutions for the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry, announced today that it has acquired Newton Partners, Inc. of Sacramento, Calif. Newton Partners, founded in 1999, provides strategic consulting, project management, systems integration, and development of technology solutions for clients within the financial services industry. As an implementation partner for Princeton Financial Systems, Charles River Charles River River, eastern Massachusetts, U.S. The longest river wholly in the state, it flows into Boston Bay after a course of about 80 mi (130 km). Navigable for about 7 mi (11 km), its estuary separates the cities of Boston and Cambridge. , and Financial Models (FMC See fixed mobile convergence. ), Newton Partners has significant experience in the banking, insurance, investment management, and public pension funds sectors. Its clients include: Aegon / Transamerica, Cigna, CalPERS, State Street Investment Manager Solutions, Firemans Fund, Washington State Investment Board, Fairfax Financial Holdings Fairfax Financial Holdings Limited TSX: FFH.SV NYSE: FFH is a Toronto, Ontario based financial services holding company which, through its subsidiaries, is engaged in property, casualty and life insurance and reinsurance, investment management and insurance claims , Causeway Capital Management, and The Western and Southern Life Insurance Company. "The acquisition of Newton Partners enables Access Data to further expand its position as the leading end-to-end provider of technology solutions for the financial services industry," said James J. Dolan, President and Chief Executive Officer of Access Data Corp. "The reputation of Newton Partners and the deep business and technical expertise of its employees will enhance Access Data's broad array of services, hosting, and software offerings to firms throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, and Europe." With this acquisition, Christopher Spurrell, founder and President of Newton Partners, becomes Access Data's Regional Managing Director of West Coast operations. He will be responsible for all client development and operations functions for Access Data's West Coast region. "We are very excited about joining the Access Data organization," said Christopher Spurrell, the founder and President of Newton Partners. "As part of Access Data, we believe we will be able to offer our customers greater opportunities to meet their business and technology objectives. With Access Data, Newton Partners expands its depth of customer offerings with hosting capabilities, business recovery services, outsourcing, and creative services Creative Services are a subsector of the creative industries, a part of the economy that creates wealth by offering creativity for hire to other businesses. Examples include:
In addition to their strategic consulting, project management, and systems integration work, Newton Partners offers ISAC ISAC Illinois Student Assistance Commission ISAC Istituto di Scienze dell'Atmosfera e del Clima (Italy) ISAC International Society for Analytical Cytology ISAC Iowa State Association of Counties ISAC Information Sharing Analysis Center (TM), a proprietary data-reporting product for investment management organizations. The product provides leading-edge ETL (Extract, Transform, Load) The functions performed when pulling data out of one database and placing it into another of a different type. ETL is used to migrate data, often from relational databases into decision support systems. capabilities for client reporting, data extraction and analysis of securities, investment performance, and accounting information. About Access Data Corp Access Data Corp. is the only specialty firm focused on financial services that offers complete business, technical, creative, software and hosting solutions. Access Data's one-stop approach, combined with extensive "client-side" experience, has enabled the world's largest financial services companies to re-engineer business processes, launch new technologies, and create powerful management tools more efficiently, resulting in increased profits, reduced costs, and strengthened customer relationships. With more than 100 employees, Access Data is headquartered in Pittsburgh with offices in Boston, Chicago, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Sacramento, and San Francisco. For more information, visit www.accessdc.com or call 1-888-799-1744. |
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