CA (NYSE: CA) and the Financial Services Technical Consortium (FSTC) announced today that CA has joined the FSTC as a Technology Vendor member and will help develop industry standards and solutions for the management of IT systems, security and storage in the financial services industry.
FSTC is comprised of North America-based financial institutions, technology vendors, independent research organizations and government agencies.
"We are delighted that CA has decided to join FSTC as a Technology Vendor member," said Tom Vicknair, FSTC board member and SVP, Centralized Transaction Operations/Global Core Operations, JPMorgan Chase. "Their years of experience working with leading financial institutions to help get the most from their investments in technology should be a tremendous asset in our efforts to deal with the industry's most pressing issues."
CA's IT management solutions help financial services firms address a full range of strategic challenges - including compliance, regulation, security, fraud, architecture, automation and integration.
Mark Barrenechea, CA's CTO, will oversee CA's participation in the FSTC's Security and Infrastructure Standing Committee and its Enterprise Architecture Standing Committee.
"Financial services firms have always valued the unique discipline and replicable best practices that CA brings to the management of the enterprise IT environment," said Mark Bubar, vice president of financial services at CA. "Through our participation in the FSTC, we will be able to further promote these best practices and exert further salutary influence on the way banks and other financial institution manage their technology investments."