Charles Schwab and Co. Selects Seeker Software Applications for Self-Service Intranet.OAKLAND, Calif.--(BUSINESS WIRE)--September 8, 1997--Charles Schwab and Co., a leader in 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 had selected Seeker Software's applications to deliver innovative new services for its employees on the corporate Intranet. "The Intranet is the ideal low-cost platform for disseminating and accessing information and for conducting transactions," said Mr. Ricardo Segura, Vice President of Corporate Administration at Charles Schwab Charles Schwab can refer to:
n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. at the same time." Charles Schwab and Co. is planning a phased implementation of the project. In the first phase, employees will be able to access content that is now published on the Intranet in a secure fashion. In the second phase, employees will be able to initiate and conduct a variety of transactions including Updates to Personal Records, Applicant Tracking and Position Management, New Hire and Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. Events, and other day to day workplace transactions. "We evaluated several vendors during the past six months and chose Seeker Software because of their native Web applications, built-in workflow and Dynamic Profiling , and excellent integration with PeopleSoft and other databases. Every one of these capabilities is critical to the success of this initiative," Mr. Segura added. "The Seeker Applications framework was an added bonus - it is a robust environment upon which we intend to develop and deploy additional applications over time. Its open architecture means that our in-house applications will integrate very easily with Seeker Software's off-the-shelf applications." "We are very pleased that Charles Schwab and Co. has chosen Seeker Software's suite of applications for this business-critical initiative," said Mr. Gary Durbin, Founder, Chairman, 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. of Seeker Software. "This is further testimony that Seeker Software's open, native Web-solutions provide the best long-term value for customers who are embracing Internet technologies for enterprise-wide activities." ABOUT CHARLES SCHWAB The Charles Schwab Corporation, through its principal operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Charles Schwab & Co., Inc., is the nation's leading provider of discount brokerage A discount brokerage is a business that charges clients significantly lower fees than traditional brokerages, typically offering comparatively fewer services and/or advice. services, the pioneer of no-transaction fee mutual funds, and one of the fastest growing financial services firms in the nation. The company serves 4.5 million active investor accounts with $329 billion in client assets through a nationwide network of 260 offices. Schwab provides a broad array of investment services for individual investors, institutions, financial advisors, and retirement plans. As the largest online broker, Schwab capitalizes on technology by offering many personal computer services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP. that provide investors with 24-hour access to trading and information. ABOUT SEEKER SOFTWARE Seeker Software was founded in January 1996 by Gary Durbin, a recognized visionary in the field of Human Resource Management Systems. Mr. Durbin founded TesserAct Corporation in 1979 and built it into a $30M company before it was acquired by Ceridian, Inc. Seeker Software is funded by venture investors and by private investors including Dave Duffield, cofounder co·found tr.v. co·found·ed, co·found·ing, co·founds To establish or found in concert with another or others. co·found and CEO of PeopleSoft, Inc., and by Umang Gupta, cofounder of Centura Software, previously known as Gupta Corp. Seeker Software is pioneering a new breed of workplace applications for corporations using native Web technologies. These applications utilize the familiar navigation metaphor of the Web and applications, called Seeker WorkPlace , is easy , and others. Companies who implement these applications can reduce cycle time, practically eliminate administrative costs, improve data integrity, and greatly enhan9, or by e-mail at deepak@seekersoft.com. The company maintains a Web site at http://www.seekersoft.com. Seeker Software, Inc., Dynamic Profiling and Seeker Workplace are trademarks of Seeker Software, Inc. INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED ComEd Commonwealth Edison COMED Combined Map and Electronic Display BA URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businessw |
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