Letter from the Chief Executive Officer
A few weeks ago, I had the pleasure of spending time with a friend and client where we discussed a wide range of issues, but what struck me the most was when he stressed how much the business world has changed in the last 25 years and how today’s companies must think differently about their exit strategy, their competition and today’s international work force.
In thinking about my experience in financial technology over the last 30 years, much of the innovation was created by large companies such as IBM or Hewlett-Packard. Today you're just as likely to see those organizations acquire innovation as create it. I'm also reminded that the competition is not necessarily the company that provides a similar product or service but innovation, anywhere in the world, can make an entire line of business obsolete in a matter of months.
There are billions of investment dollars available for innovators whether it is new mobile technology or even packaging of investment properties related to single-family housing. Virtually every month, at least one of our current clients has a new round of investment funding. This tells me that investors are very confident in the work that they are doing for our industry. I am proud to be associated with so many vibrant and growing companies, and I believe it is more proof that our organization represents the very best in the financial industry.
William Mills III