Welcome!

IoT User Interface Authors: Elizabeth White, Yakov Fain, John Basso, Derek Weeks, Asim Saddal

News Feed Item

Charles Schwab Invests in Future Business Leaders by Donating Technology, Resources and Facilities to Leading Business Schools

At its IMPACT 2012 conference today, Bernie Clark, executive vice president and head of Schwab Advisor Services announced the development and enhancement of two separate state-of-the-art learning facilities at UC Irvine and Texas Tech, which offer students the ability to receive high-quality training and educational tools in the areas of investment and wealth management. The development of these hands-on learning environments at both universities was made possible by Charles Schwab and the Charles Schwab Foundation through contributions of resources, technology and funds to build a new facility and enhance an existing one.

Bernie Clark, head of Schwab Advisor Services, with Texas Tech students at IMPACT 2012 in Chicago, I ...

Bernie Clark, head of Schwab Advisor Services, with Texas Tech students at IMPACT 2012 in Chicago, IL (Photo: Business Wire)

“We are honored to have the opportunity to help support such widely respected academic institutions as UCI and Texas Tech, with whom we share the vision and goal of cultivating innovative and highly-skilled future business leaders,” said Bernie Clark. “We look forward to taking new steps to help further their work and to support those who are seeking to enter the financial services industry with the skills and know-how necessary to hit the ground running.”

At UCI, plans are in place within the university’s Paul Merage School of Business to create the Charles Schwab Trading and Technology Lab, a new, dynamic trading floor and technology facility. Scheduled to break ground in 2013, this new facility will mimic the environment and layout found at a securities-trading floor and allow students to access the latest financial market data, along with real-world tools and technology such as interactive trade stations featuring Bloomberg, Chicago Mercantile Exchange, Thomson/Reuters, Matlab, Factset, eSignal, TV monitors streaming global financial news and tickertape.

In addition, Schwab has donated a technology package, which includes license seats to Schwab Performance Technologies' PortfolioCenter® - one of the most widely used portfolio management applications available in the financial services industry and SchwabAdvisorCenter.com, the website used by RIAs who custody assets with Schwab Advisor Services. Schwab is also including the Schwab OpenView Gateway and the Schwab OpenView Workflow Library from Schwab Intelligent Technologies -- recently developed solutions focused on helping advisors scale their firms and better serve their clients by integrating technology and best practices workflows. Schwab will provide a tutorial environment, complete with demo data, so that students can receive hands-on experience in using the technology and role playing a wide range of advisor activities from business development and client service to investment management and back office operations.

“For a business school at the forefront of innovation, collaboration, research and technology, we want our students to receive the highest quality education through a practical and hands-on learning experience. This donation will make the Charles Schwab Trading Lab a reality, providing the leading concepts in a practical training ground for future leaders in the financial services industry,” said Andy Policano, dean of the Merage School.

Schwab will continue to support Texas Tech by working with the university to upgrade its Charles Schwab Personal Financial Planning Complex, originally constructed in 2009, following a donation from the company. The facility, which is used by more than 300 undergraduate and graduate students in the University’s Personal Financial Planning Department, is comprised of four rooms that house a 40-workstation technology classroom, a 16-unit technology work lab, and resource workspace, including conference and recording rooms. Designed to offer hands-on financial planning experience in client portfolio management, reporting and customer relationship management, students receive training and access to Schwab PortfolioCenter®, as well as a SchwabAdvisorCenter.com. Schwab will also include the Schwab OpenView Gateway and the Schwab OpenView Workflow Library. The donation from Schwab will be used for enhancements to the Charles Schwab Personal Financial Planning Complex including replacement computers, printers and recording equipment, as well as additional printers and data storage to accommodate the growing appetite for real-world money management experience among the student body.

In addition to direct donations, Schwab is hosting students from seven universities to gain industry education and networking opportunities at the 21st annual IMPACT conference, one of the largest gatherings for independent investment advisors in the financial services industry. Schwab announced its continued investments in UCI and Texas Tech at a special student luncheon and panel discussion on Thursday, November 15, which served as a meeting ground for both students and advisors. The luncheon also provided an opportunity for attendees to learn more about the educational initiatives, the value they have provided to students to date, and the impact these types of programs will have on shaping future business leaders within the industry going forward. Schwab’s Bernie Clark provided opening remarks to the panel discussion, with featured panelists including: Christine Daminco, Financial Planning Resident, Cornerstone Wealth Advisors, Inc.; Elissa Buie, CFP®, President and CEO, Yeske Buie and Adjunct Professor, Golden Gate University; and Barry Glassman, CFP®, CFS, President, Glassman Wealth Services.

For updates on news and events at IMPACT, follow @Schwab4RIAs and read our blog: http://aboutschwab.com/blog/category/independent_advisors

About Schwab’s Advocacy Services

Schwab Advisor Services engages in a wide range of efforts to support and advance the independent advisory industry. Activities include donations to non-profit organizations and universities, as well as providing a voice in Washington, D.C. on regulatory and public affairs issues impacting RIAs. Schwab Advisor Services established the IMPACT Awards in 2006 to honor advisors and firms that have advanced the industry through their visionary leadership, operational excellence and technology innovation and is the driver behind RIAStandsForYou.com, a multi-media national advertising campaign with a local marketing strategy that aims to support the independent RIA category and increase awareness of the independent advisory model among high net-worth investors.

About Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with more than 300 offices and 8.7 million active brokerage accounts, 1.6 million corporate retirement plan participants, 851,000 banking accounts, and $1.9 trillion in client assets as of October 31, 2012. Through its operating subsidiaries, the company provides a full range of securities brokerage, banking, money management and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC, www.sipc.org), and affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; compliance and trade monitoring solutions; referrals to independent fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through its Advisor Services division. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides trust and custody services, banking and mortgage services and products. More information is available at www.schwab.com and www.aboutschwab.com. Investment products offered by Charles Schwab & Co., Inc. are not insured by the FDIC, are not deposits or obligations of Charles Schwab Bank, and are subject to investment risk, including the possible loss of principal invested.

About Charles Schwab Foundation

The Charles Schwab Foundation is a nonprofit public benefit corporation, classified by the IRS as a charity under section 501(c)(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company, The Charles Schwab Corporation. Its mission is to educate, volunteer and advocate on behalf of those in need so that everyone has the opportunity to achieve financial well-being. More information is available at www.aboutschwab.com/community_services. (1112-7407)

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.