Cliff Waggoner, Co-Founder of Open Solutions Inc. Passes Away.Visionary's Design Expertise Foundation of Open Solutions Technology Platform GLASTONBURY, Conn. -- Open Solutions Inc.[R], a leading provider of integrated data processing Noun 1. integrated data processing - automatic data processing in which data acquisition and other stages or processing are integrated into a coherent system IDP automatic data processing, ADP - data processing by a computer technologies for banks, credit unions and other 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. providers across 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 other international markets, announced that Cliff Waggoner, the company's revered co-founder and chief architect, passed away on Friday, May 11 after a courageous battle with cancer at the age of 66. Cliff Waggoner, known simply as Cliff by all those who worked with him, co-founded Open Solutions in a basement in 1992 with the idea of bringing relationship based technology to the financial services industry. Cliff's background included more than 30 years of information system and design experience that covered a wide range of technology and application development areas. Cliff's remarkable career included spending 10 years in the U.S. Navy; 17 years with EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. as a technology architect and in system development; and five years as a principal with Linc Systems in the areas of systems consulting and development. His design expertise became the foundation for the Open Solutions data model. Today, Open Solutions is recognized globally as having one of the fastest growing platforms in the financial services marketplace and as a leading provider of enterprise relational core data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a , Internet banking, cash management, CRM/business intelligence, financial accounting, interactive voice response, Check 21, electronic image/item processing, payments and loan origination 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. solutions for banks, credit unions and other financial services providers throughout the world. Open Solutions has more than 5,200 clients using one or more of the company's products or services and employs more than 1,900 employees throughout the United States, Canada and abroad. "We are all deeply saddened by the loss of Cliff Waggoner, a true pioneer and inspiration for our company and the industry," said Louis Hernandez, Jr., 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 Open Solutions. "Cliff was a private, humble, yet accomplished man who was admired by all those who knew him. He was a true visionary who dreamed of using technology to create more personalized interactive relationships for the financial services industry through the use of innovative systems and open architecture. Open Solutions will not stop its ongoing efforts in this regard until Cliff's dream is fully realized. We will all miss Cliff and on behalf of Open Solutions, our deepest condolences, thoughts and prayers go out to his devoted wife Jennie and to Cliff's entire family." Funeral arrangements are private. About Open Solutions Inc. Open Solutions Inc. offers a fully featured strategic product platform that integrates core data processing applications built on a single centralized Oracle relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. , with Internet banking, cash management, CRM/business intelligence, financial accounting tools, imaging, digital documents, Check 21, remote capture, interactive voice response, network services, payments and loan origination solutions. Open Solutions' full suite of products and services allows banks, thrifts, credit unions and financial services providers in the United States, Canada and internationally to better compete in today's aggressive financial services marketplace, and expand and tap their trusted financial relationships, client affinity, community presence and personalized service. For more information about Open Solutions or its financial product line, contact Mickey Goldwasser
Danziger Goldwasser (German: Gold water of Danzig by email at by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open Solutions' Internet site at www.opensolutions.com. Open Solutions Inc. is a registered trademark of Open Solutions Inc. All other company and product names may be trademarks of their respective owners. Copyright 2007 Open Solutions Inc. All rights reserved. Editor's Note Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat. Trained by D. : The correct usage of the company name, Open Solutions Inc., is either referring to it as Open Solutions Inc. or Open Solutions. Open Solutions no longer uses the acronym of OSI (1) (Open System Interconnection) An ISO standard for worldwide communications that defines a framework for implementing protocols in seven layers. Control is passed from one layer to the next, starting at the application layer in one station, proceeding to the to refer to the company. |
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