Datawest Solutions' CEO Darryl Yea talks to The Wall Street Transcript.Business Editors NEW YORK--(BUSINESS WIRE)--June 4, 2001 The Wall Street Transcript has published an in-depth interview with Darryl Yea, 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 Datawest Solutions (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :DS), in which he talks at length about the company's future. The entire 1,800-word interview is available online at http://www.twst.com/info/info363 Yea gives an overview of the company. "Datawest Solutions is a Canadian-based technology company that provides complete banking outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. services to financial institutions. We do that currently for over 100 financial institutions in Canada and we are expanding our services nationally and internationally. Our services include the complete core banking infrastructure for a small to medium sized institution, which allows them to operate in this market segment." Yea explains, "We have a management team that has deep experience both in 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. and technology. As we grow the organization and expand it, we will, of course, be looking at recruiting more executive talent as well as middle management expertise. We recently acquired a company in eastern Canada Eastern Canada (also the Eastern provinces) is the region of Canada generally considered to be east of Manitoba, consisting of the following provinces:
Looking forward, Yea states, "We believe that we will increase our penetration into our traditional markets. We're launching new products and services that complement our core banking services such as customer relationship management. We've seen some early success in that launch and we believe that it's going to be a very solid offering for us going forward. We will also continue to acquire non-credit union customers that are entering into the banking arena in Canada and elsewhere. Certainly, we're already moving along with discussions, negotiations and contracting with new customers, many of which are large financial institutions and household names History Formation (1998-2000) Household Names have been together since 1998, with various members rotating throughout the line-up with singer, Jason Garcia, until it was solidified in the summer of 2000 with bassist/keyboardist, Chris Peters, and drummer, C. J. in this marketplace." This interview is part of a 37-page Canadian Software Canadians have been contributing to the development of computer software from the beginning of the 1940s. In 1979 the Basic Software Group was formed by Norm Francis, Ted Comfoltey, Keith Wales and Don Thompson. & Services Issue available at http://www.twst.com/info/info363.htm or by calling (212) 952-7433 The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations. For subscription information call (800) 246-7673. |
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