TITLE

Tower Buy Sparks Debate, Inside and Out

AUTHOR(S)
Sraeel, Holly
PUB. DATE
April 2004
SOURCE
Bank Technology News;Apr2004, Vol. 17 Issue 4, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that there is no consensus from industry players on the question whether TowerGroup would be able to maintain its editorial independence under the wing of MasterCard Advisors, its new parent. Question on whether autonomy can exist among research and consulting firms serving the financial services market, if the parent company is active in that industry; Importance of client confidence to the success of an advisory research business.
ACCESSION #
12840633

 

Related Articles

  • MasterCard Raises Bet On Consulting. Wade, Will; Breitkopf, David // American Banker;2/23/2004, Vol. 169 Issue 35, p1 

    MasterCard International Inc's acquisition of the financial services technology research firm TowerGroup Co. would be the association's most significant investment by far in a multiyear effort to build a consulting and research arm to deepen relationships with member banks. By acquiring all of...

  • News Makers.  // Bank Technology News;Mar2004, Vol. 17 Issue 3, p9 

    Presents news briefs pertaining to the financial institutions and the Internet in the U.S. as of March 2004. MasterCard Advisors' acquisition of TowerGroup from Reuters; Increase in the number of phishing attacks; Wells Fargo's Internet payments volume in 2003.

  • TowerGroup Starts IT Consulting Unit. Bills, Steve // American Banker;5/13/2003, Vol. 168 Issue 91, p13 

    TowerGroup had started an information technology consulting practice to help financial institutions align their technology investments with their business strategies and return-on-investment goals. The company has been doing consulting work for its clients for the past five years but such...

  • TowerGroup Sold to Corporate Exec Board. Marino, Jonathan // Mergers & Acquisitions Report;10/19/2009, Vol. 22 Issue 42, p5 

    The article reports that the TowerGroup will be acquired by Corporate Executive Board, a research and advisory group for financial services professionals. TowerGroup chief executive Karen Cone will leave the company while Bob Egan will maintain his position as global head of research and chief...

  • TowerGroup: Europe, Asia Ahead of U.S. in Wireless. Hintze, John // Securities Industry News;09/18/2000, Vol. 12 Issue 35, p5 

    Focuses on a report released by TowerGroup Inc. which reveals that consumers' use of wireless telecommunication devices to retrieve financial services information or execute transactions is far higher in Western Europe and Asia than in the United States. Possible reasons for the increasing use...

  • SMAs Face Competition, Challenges. Pizzani, Lori // Money Management Executive;12/20/2004, Vol. 12 Issue 50, p1 

    The article discusses the pressure on the separately managed account technology vendors to offer discount in order to prevent larger financial service companies taking over their business. According to TowerGroup, a research and consulting firm in Needham, Massachusetts, the biggest challenge...

  • In Brief.  // American Banker;3/7/2000, Vol. 165 Issue 45, p22 

    Presents updates on United States financial firms as of March 7, 2000. Total compensation for Citigroup Inc.'s top three executives in 1999; Decline in consumer bankruptcy filings in 1999; Tower Group's appointment of Mark Sievewright as its chief executive officer; Salary report of three top...

  • Significant Growth Ahead for Prepaid Products. Kountz, Ed // Point for Credit Union Research & Advice;12/1/2003, pN.PAG 

    Discusses the expansion of the prepaid payment applications that will affect consumer, business, and government use of cash and check payments, based on a research from TowerGroup in Needham, Massachusetts. Forecast on the prepaid applications worldwide by 2007; Opportunities offered with the...

  • Electronic commerce now a business necessity.  // Mortgage Banking;Jan2008, Vol. 68 Issue 4, p117 

    The article reports on the survey on global business model, electronic commerce industry by TowerGroup Co. in Needham, Massachusetts. The group concluded the necessity to maintain a competitive edge is valuable than its capability in the industry. Furthermore, insurance carriers must respond to...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics