The Dodge Group opns New York office, at heart of international financial community; Joseph Prunty, financial services veteran, to lead new office.WALTHAM, Mass.--(BUSINESS WIRE)--April 23, 1996-- Solidifying its commitment to serving international 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. companies, The Dodge Group, Inc. announced today that it has opened a 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 office at the World Trade Center. The Dodge Group develops and markets financial accounting software for the world's leading banking, insurance and investment firms. Located in the core of the financial district, the office will be staffed with sales, marketing, professional, and educational services. The office was created to better serve The Dodge Group's customers in the financial community, including major investment and brokerage firms, commercial and merchant banks, insurance companies, mortgage banks, and other international financial services institutions. "The new office permits The Dodge Group to have closer ties to our growing installed base of New York customers," said Frank Dodge, 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 The Dodge Group. "Our Financial Data Warehouse product has been extremely successful in the international financial community and we are excited to bring this unique solution to the heart of New York's financial district." Heading the new office will be Joseph Prunty, who recently joined The Dodge Group as a corporate consultant and was named director of product marketing in February 1996. Prunty was previously vice president, global products manager for Bankers Trust The Bankers Trust is a historic American banking organisation that was acquired by Deutsche Bank in 1998. It was originally set up when banks could not perform trust company services. Company in New York, where he was responsible for worldwide client/server financial software implementations. He has also held a variety of management roles at Salomon Brothers
Salomon Brothers was a Wall Street investment bank. , Price Waterhouse, Security Pacific Bank and Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Kukn Loeb. "Joe brings to The Dodge Group a first-hand knowledge of the needs of financial services companies, as well as a deep technical understanding of financial applications and architectures. His knowledge and experience make him exceptionally qualified to lead this pivotal new office and will enhance our ability to serve the unique requirements of the financial marketplace," said David Stoner ston·er n. 1. One that stones. 2. Slang a. One who is habitually intoxicated by alcohol or drugs. b. One who is a delinquent or failure. , president and 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. , The Dodge Group. The Dodge Group's Financial Data Warehouse (FDW FDW Foreign Domestic Worker FDW Flashing Don't Walk (traffic signals, transportation engineering) FDW Family Doctor Week (American Medical Association) FDW Florida Dance Workshop ) has the capability to handle extremely large volumes of data and is comprised of both general ledger General Ledger A company's accounting records. This formal ledger contains all the financial accounts and statements of a business. Notes: The ledger uses two columns: one records debits, the other has offsetting credits. and reporting applications. Installed in large financial institutions around the globe, FDW offers powerful financial features such as average daily balances, broad multiple currency and foreign exchange capabilities, a customizable code block, and multidimensional functionality. The Dodge Group, Inc. develops and supports leading-edge financial software designed to enable large, complex organizations to transform their current business practices. The flexibility of its client/server solutions enable users to perform sophisticated, high-volume applications that formerly required the power of a mainframe. The company's products are currently used by banks, insurance companies and investment firms worldwide, including Sun Life of Canada, Salomon, Inc., Dean Witter Discover, Abbey National, Credit Lyonnais and Banque Paribas. The Dodge Group was formed in August 1991 by Frank Dodge, co-founder and former chief executive officer of mainframe software giant McCormack & Dodge Corp. The Dodge Group is based in Waltham, MA, with offices in New York, Chicago, San Francisco, Paris, Johannesburg, Hong Kong, and Kingston-Upon-Thames, Surrey, UK. The Dodge Group's Internet address is http://www.dodge.com. The Dodge Group's new office is located at One World Trade Center, Suite 2973, New York, NY 10048, phone: 212/466-0900. CONTACT: Catherine Marenghi Marenghi & Associates 617/239-0057 marenghi@marenghi.com or Stu Cartwright The Dodge Group 617/672-8600 scartwright@dodge.com |
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