CFOWeb.com Appoints Two Industry Veterans as Directors of Business Development and Consulting.Business Editors MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--April 11, 2000 Integral, a leading provider of business-to-business e-commerce solutions for capital markets, today announced the appointment of two veterans of the financial markets and technology sectors to senior positions at the company. Nigel Webb, formerly Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Greenwich NatWest and Global Technology Director at Garban - Intercapital, is Integral's Director of Worldwide Business Development. Joel Finard joins the company as Director of Worldwide Consulting from Deloitte & Touche where he was Partner in Charge of the Capital Markets Group for Banking and Securities and one of its founding members. Integral's principal venture is CFOWeb.com (www.CFOWeb.com) the first business-to-business e-commerce portal to provide corporate treasurers and fund managers with a single source for independent pricing, price estimates, portfolio analysis and management and online trading Online Trading Making trades via the Internet. Notes: The use of online trading increased dramatically in the mid to late 1990's with the advent of high-speed computers and Internet connections. Stocks, bonds, options, futures, and currencies can all be traded online. of financial products. CFOWeb.com has over 2,300 corporate finance executives and fund managers signed up as members. "Nigel and Joel bring outstanding breadth and depth of market and technical capabilities to CFOWeb.com," said Harpal Sandhu, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Integral. "Their knowledge and experience will benefit not only our company, but our members, providers and strategic partners." Mr. Webb is responsible for building and enhancing relationships between Integral and companies and organizations that contribute to the advancement of CFOWeb.com. Prior to working at Garban - Intercapital and Greenwich NatWest, Mr. Webb was the Partner responsible for the Financial Risk Management Practice at Arthur Andersen. In previous positions at Digital Equipment Corp., Nomura International, Bankers Trust and Drexel Burnham Lambert Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was driven into bankruptcy in the 1980s by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken. , Mr. Webb was involved in oversight of the design and implementation of various financial risk management systems, data distribution and fixed-income analytics programs. He earned a degree in Econometrics and Computing from the London School of Economics The School is a member of the Russell Group, the European University Association, Association of Commonwealth Universities, the Community of European Management Schools and International Companies, The Association of Professional Schools of International Affairs as well as the Golden . Mr. Finard will direct CFOWeb.com's relationships with consulting firms that will deliver services to CFOWeb.com and to its clients. He also is responsible for the implementation of products and new services to both members' and liquidity providers to the CFOWeb.com network. As Partner in Charge of Deloitte & Touche's Capital Markets Group for Banking and Securities, Mr. Finard headed a team dedicated to providing clients with specialized consulting services in the areas of credit, market and operations as well as implementing systems to meet these needs. Prior to joining Deloitte & Touche, he managed a large derivatives investment portfolio for Travelers Insurance Company and a derivatives business at Hong Kong Bank. Mr. Finard taught economics at the Columbia Graduate School of Business and New York University New York University, mainly in New York City; coeducational; chartered 1831, opened 1832 as the Univ. of the City of New York, renamed 1896. It comprises 13 schools and colleges, maintaining 4 main centers (including the Medical Center) in the city, as well as the for a number of years. He completed his graduate studies in economics at Columbia University and is a Chartered Financial Analyst Chartered Financial Analyst (CFA) An experienced financial analyst who has passed examinations in economics, financial accounting, portfolio management, security analysis, and standards of conduct given by the Institute of Chartered Financial Analysts. (CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. ). About CFOWeb.com CFOWeb.com is the first business-to-business e-commerce portal for capital markets. It gives corporate treasurers and fund managers a free, direct and unprecedented single-source to independently model and price financial trades from multiple financial services providers; create, manage and maintain portfolios that more closely match institutional financial management needs; and conduct a wide range of capital markets trades online. The CFOWeb.com portal offers users direct, one-stop access to the latest news, market data and developments, and educational services related to corporate treasury and fund management operations. CFOWeb.com also gives investment banks and financial services providers an immediate online presence, dramatically increased deal flow, reduced costs and expanded geographic reach. It includes the participation of several banks including ABN Amro and Bank of America
Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world. . About Integral Integral Development Corp. is a leading provider of business-to-business e-commerce solutions for capital markets, including CFOWeb.com (www.cfoweb.com), the first e-commerce portal for capital markets. Founded in 1993, Integral is privately held and has a history of developing capital markets trading and risk management software. Investors include Accel Partners, AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group (NYSE NYSE See: New York Stock Exchange : AIG), ABN Amro (NYSE: ABN), Bain Capital, Nassau Capital and Pivotal Asset Management. Headquarters are in Mountain View, California For the census-designated place, see Mountain View, Contra Costa County, California. For other places called "Mountain View", see . Mountain View is a city in Santa Clara County, in the U.S. state of California. The city gets its name from the views of the Santa Cruz Mountains. , with additional offices in 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 and London. For more information, visit the Integral web site at www.integral.com CFOWeb.com is a service mark of Integral Development Corp. CFOWeb.com facilitates communication and transactions between institutions but is not a party to, nor does it settle, any trade. Trade completion remains solely between the institutions using the CFOWeb.com portal. |
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