Click here to close now.

Welcome!

AJAX & REA Authors: Automic Blog, Elizabeth White, Hovhannes Avoyan, XebiaLabs Blog, Cloud Best Practices Network

News Feed Item

TD Ameritrade Gathers a Record $16 Billion in Net New Client Assets

TD Ameritrade Holding Corporation (NYSE: AMTD) has released results for the first quarter of fiscal 2013. The Company gathered record net new client assets of $16 billion – a 13 percent annualized growth rate – up more than 50 percent from the same quarter a year ago.

The Company’s results for the quarter ended Dec. 31, 2012 include the following:(1)

  • Net income of $147 million, or $0.27 per diluted share
  • Record net new client assets of approximately $16 billion, a record annualized growth rate of 13 percent
  • Average client trades per day of approximately 334,000, an activity rate of 5.8 percent(2)
  • Net revenues of $651 million, 58 percent of which were asset-based
  • Record market fee-based revenue of $55 million, up 28 percent year-over-year
  • Pre-tax income of $237 million, or 36 percent of net revenues
  • EBITDA of $286 million, or 44 percent of net revenues(3)
  • Record interest rate sensitive assets(4) of $90 billion, up 14 percent year-over-year
  • Client assets of approximately $481 billion

“Record net new client assets of $16 billion and earnings per share of 27 cents is a significant achievement in this environment, and a strong start to our fiscal year,” said Fred Tomczyk, president and chief executive officer. “In the face of continued investor uncertainty, we maintained our strong organic growth momentum and had record sales of guidance and advice solutions, all while keeping our expenses in check.”

“TD Ameritrade continues to benefit from strong organic growth and disciplined management of our balance sheet,” said Bill Gerber, executive vice president and chief financial officer. “Our record organic growth this quarter helped grow interest rate sensitive assets to a record $90 billion, up 14 percent from last year, leaving us even better-positioned for rising interest rates. In addition, market fee-based revenue is up 28 percent year-over-year, driven by our effective referral and sales processes. We remain focused on maintaining our momentum as we move forward.”

Capital Deployment
The Company has declared a $0.09 per share quarterly cash dividend, payable on Feb. 15, 2013 to all holders of record of common stock as of Feb. 1, 2013.

“In addition to the quarterly dividend, TD Ameritrade paid down a maturing tranche of debt and issued a special dividend of 50 cents per share in the first quarter,” Tomczyk continued. “Strong cash flow, combined with a clean and stable balance sheet gives us the flexibility to return or deploy capital to the benefit of our shareholders while maintaining our ability to be opportunistic.”

Company Hosts Conference Call
TD Ameritrade will host its December Quarter conference call this morning, Jan. 22, 2013, at 8:30 a.m. EST (7:30 a.m. CST). Participants may listen to the call by dialing 877-881-2595. The Company will also webcast the conference live at www.amtd.com and will make all accompanying materials available to participants prior to the call. A phone replay of the call will be available by dialing 855-859-2056 and entering the Conference ID 75110688 beginning at 11:30 a.m. EST (10:30 a.m. CST) on January 22, 2013.

The Company asks that interested parties visit or subscribe to newsfeeds at www.amtd.com for the most up-to-date corporate financial information, presentation announcements, transcripts and archives. You can also follow the Company on Twitter, @TDAmeritradePR. Web site links, corporate titles and telephone numbers provided in this release, although correct when published, may change in the future.

AMTD-E

About TD Ameritrade Holding Corporation
Millions of investors and independent registered investment advisors (RIAs) have turned to TD Ameritrade’s (NYSE: AMTD) technology, people and education to help make investing and trading easier to understand and do. Online or over the phone. In a branch or with an independent RIA. First-timer or sophisticated trader. Our clients want to take control, and we help them decide how - bringing Wall Street to Main Street for more than 38 years. TD Ameritrade has time and again been recognized as a leader in investment services. Please visit the TD Ameritrade newsroom or www.amtd.com for more information.

Safe Harbor
This document contains forward-looking statements within the meaning of the federal securities laws. We intend these forward-looking statements to be covered by the safe harbor provisions of the federal securities laws. In particular, any projections regarding our future revenues, expenses, earnings, capital expenditures, effective tax rates, client trading activity, accounts or stock price, as well as the assumptions on which such expectations are based, are forward-looking statements. These statements reflect only our current expectations and are not guarantees of future performance or results. These statements involve risks, uncertainties and assumptions that could cause actual results or performance to differ materially from those contained in the forward-looking statements. These risks, uncertainties and assumptions include, but are not limited to: general economic and political conditions and other securities industry risks, fluctuations in interest rates, stock market fluctuations and changes in client trading activity, credit risk with clients and counterparties, increased competition, systems failures, delays and capacity constraints, network security risks, liquidity risks, new laws and regulations affecting our business, regulatory and legal matters and uncertainties and other risk factors described in our latest Annual Report on Form 10-K, filed with the SEC on Nov. 26, 2012. These forward-looking statements speak only as of the date on which the statements were made. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by the federal securities laws.

1 Please see the Glossary of Terms, located in “Investor” section of www.amtd.com for more information on how these metrics are calculated.

2 Funded account activity rate (AR%). Average client trades per day during the period divided by the average number of total funded accounts during the period.

3See attached reconciliation of non-GAAP financial measures.

4Interest rate-sensitive assets consist of spread-based assets and money market mutual funds. Ending balances as of December 31, 2012.

Brokerage services provided by TD Ameritrade, Inc., member FINRA (www.FINRA.org) /SIPC (www.SIPC.org) /NFA (www.nfa.futures.org).

 
TD AMERITRADE HOLDING CORPORATION
CONSOLIDATED STATEMENTS OF INCOME
In millions, except per share amounts
(Unaudited)
           
Quarter Ended
Dec. 31, 2012 Sept. 30, 2012 Dec. 31, 2011
Revenues:
Transaction-based revenues:
Commissions and transaction fees $ 257 $ 256 $ 273
 
Asset-based revenues:
Interest revenue 118 117 111
Brokerage interest expense   (2 )   (1 )   (2 )
Net interest revenue 116 116 109
 
Insured deposit account fees 205 207 205
Investment product fees   56     52     44  
Total asset-based revenues 377 375 358
 
Other revenues   17     16     22  
 
Net revenues   651     647     653  
 
Operating expenses:
Employee compensation and benefits 168 167 173
Clearing and execution costs 24 23 20
Communications 28 28 28
Occupancy and equipment costs 39 38 38
Depreciation and amortization 20 19 17
Amortization of acquired intangible assets 23 23 23
Professional services 34 39 45
Advertising 52 58 57
Other   22     20     24  
Total operating expenses   410     415     425  
 
Operating income 241 232 228
 
Other expense (income):
Interest on borrowings 6 7 7
Gain on sale of investments   (2 )   -     -  
Total other expense (income)   4     7     7  
 
Pre-tax income 237 225 221
 
Provision for income taxes   90     82     69  
 
Net income $ 147   $ 143   $ 152  
 
Earnings per share - basic $ 0.27 $ 0.26 $ 0.28
Earnings per share - diluted $ 0.27 $ 0.26 $ 0.27
 
Weighted average shares outstanding - basic 546 546 550
Weighted average shares outstanding - diluted 551 551 555
 
Dividends declared per share $ 0.59 $ 0.06 $ 0.06
 
 
TD AMERITRADE HOLDING CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
In millions
(Unaudited)
       
Dec. 31, 2012 Sept. 30, 2012
Assets:
Cash and cash equivalents $ 1,852 $ 915
Short-term investments 4 154
Segregated cash and investments 4,682 4,030
Broker/dealer receivables 948 1,110
Client receivables, net 8,799 8,647
Goodwill and intangible assets 3,376 3,399
Other   1,357   1,258
 
Total assets $ 21,018 $ 19,513
 
Liabilities and stockholders' equity:
 
Liabilities:
Broker/dealer payables $ 1,941 $ 1,992
Client payables 12,459 10,728
Notes payable 275 -
Long-term debt 1,087 1,345
Other   978   1,023
16,740 15,088
 
Stockholders' equity   4,278   4,425
 
Total liabilities and stockholders' equity $ 21,018 $ 19,513
 
 
TD AMERITRADE HOLDING CORPORATION
SELECTED OPERATING DATA
(Unaudited)
 
    Quarter Ended
Dec. 31, 2012     Sept. 30, 2012     Dec. 31, 2011

Key Metrics:

Net new assets (in billions) $ 15.6 $ 10.1 $ 10.2
Net new asset growth rate (annualized) 13 % 9 % 11 %
Average client trades per day 334,035 328,280 367,479
 

Profitability Metrics:

Operating margin 37.0 % 35.9 % 34.9 %
Pre-tax margin 36.4 % 34.8 % 33.8 %
Return on client assets (annualized) 0.20 % 0.20 % 0.22 %
Return on average stockholders' equity (annualized) 13.3 % 13.1 % 14.8 %
EBITDA(1) as a percentage of net revenues 43.9 % 42.3 % 41.0 %
 

Debt and Liquidity Metrics:

Interest on borrowings (in millions) $ 6 $ 7 $ 7
Average debt outstanding (in billions) $ 1.2 $ 1.3 $ 1.3
Leverage ratio (average debt/annualized EBITDA(1)) 1.0 1.1 1.2
Interest coverage ratio (EBITDA(1)/interest on borrowings) 45.4 39.8 38.0
Liquid assets - management target(1) (in billions) $ 0.8 $ 1.1 $ 0.9
Liquid assets - regulatory threshold(1) (in billions) $ 1.3 $ 1.6 $ 1.4
Cash and cash equivalents (in billions) $ 1.9 $ 0.9 $ 0.9
 

Transaction-Based Revenue Metrics:

Total trades (in millions) 20.4 20.5 23.0
Average commissions and transaction fees per trade(2) $ 12.62 $ 12.47 $ 11.90
Average client trades per funded account (annualized) 14.3 14.3 16.3
Activity rate - funded accounts 5.8 % 5.7 % 6.5 %
Trading days 61.0 62.5 62.5
 

Spread-Based Asset Metrics:

Average interest-earning assets (in billions) $ 15.1 $ 14.8 $ 13.8
Average insured deposit account balances (in billions)   64.2     61.4     58.8  
Average spread-based balance (in billions) $ 79.3   $ 76.2   $ 72.6  
 
Net interest revenue (in millions) $ 116 $ 116 $ 109
Insured deposit account fee revenue (in millions)   205     207     205  
Spread-based revenue (in millions) $ 321   $ 323   $ 314  
 
Avg. annualized yield - interest-earning assets 3.02 % 3.06 % 3.09 %
Avg. annualized yield - insured deposit account fees 1.25 % 1.32 % 1.37 %
Net interest margin (NIM) 1.58 % 1.66 % 1.69 %
 
Interest days 92 92 92
 

Fee-Based Investment Metrics:

Money market mutual fund fees:

Average balance (in billions) $ 5.1 $ 4.9 $ 5.7
Average annualized yield   0.05 %   0.05 %   0.08 %
Fee revenue (in millions) $ 1   $ 1   $ 1  
 

Market fee-based investment balances:

Average balance (in billions) $ 94.9 $ 88.7 $ 72.2
Average annualized yield   0.23 %   0.23 %   0.23 %
Fee revenue (in millions) $ 55   $ 51   $ 43  
 
Average fee-based investment balances (in billions) $ 100.0 $ 93.6 $ 77.9
Average annualized yield   0.22 %   0.22 %   0.22 %
Investment product fee revenue (in millions) $ 56   $ 52   $ 44  
 

Client Account and Client Asset Metrics:

New accounts opened 174,000 190,000 140,000
 
Funded accounts (beginning of period) 5,764,000 5,736,000 5,617,000
Funded accounts (end of period) 5,836,000 5,764,000 5,645,000
Percentage change during period 1 % 0 % 0 %
 
Client assets (beginning of period, in billions) $ 472.3 $ 445.0 $ 378.7
Client assets (end of period, in billions) $ 480.8 $ 472.3 $ 406.3
Percentage change during period 2 % 6 % 7 %
 
(1) See attached reconciliation of non-GAAP financial measures.
 
(2) Average commissions and transaction fees per trade excludes TD Waterhouse UK business.
 
NOTE: See Glossary of Terms on the Company's web site at www.amtd.com for definitions of the above metrics.
 
 
TD AMERITRADE HOLDING CORPORATION
SELECTED OPERATING DATA
(Unaudited)
 
    Quarter Ended
Dec. 31, 2012     Sept. 30, 2012     Dec. 31, 2011

Net Interest Revenue:

   

Segregated cash:

Average balance (in billions) $ 3.8 $ 3.7 $ 4.1
Average annualized yield   0.17 %   0.14 %   0.04 %
Interest revenue (in millions) $ 2   $ 1   $ 0  
 

Client margin balances:

Average balance (in billions) $ 8.7 $ 8.4 $ 7.7
Average annualized yield   4.02 %   4.04 %   4.31 %
Interest revenue (in millions) $ 89   $ 87   $ 85  
 

Securities borrowing/lending:

Average securities borrowing balance (in billions) $ 0.9 $ 1.0 $ 0.6
Average securities lending balance (in billions) $ 1.9 $ 2.0 $ 1.7
 
Interest revenue (in millions) $ 27 $ 29 $ 25
Interest expense (in millions)   (2 )   (1 )   (1 )
Net interest revenue - securities borrowing/lending (in millions) $ 25   $ 28   $ 24  
 

Other cash and interest-earning investments:

Average balance (in billions) $ 1.7 $ 1.7 $ 1.4
Average annualized yield   0.07 %   0.07 %   0.12 %
Interest revenue - net (in millions) $ 0   $ 0   $ 0  
 

Client credit balances:

Average balance (in billions) $ 9.2 $ 8.7 $ 8.8
Average annualized cost   0.01 %   0.01 %   0.02 %
Interest expense (in millions)   ($0 )   ($0 )   ($0 )
 
Average interest-earning assets (in billions) $ 15.1 $ 14.8 $ 13.8
Average annualized yield   3.02 %   3.06 %   3.09 %
Net interest revenue (in millions) $ 116   $ 116   $ 109  
 
 
NOTE: See Glossary of Terms on the Company's web site at www.amtd.com for definitions of the above metrics.
 
 
TD AMERITRADE HOLDING CORPORATION
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
In millions, except percentages
(Unaudited)
                         
 
Quarter Ended
Dec. 31, 2012 Sept. 30, 2012 Dec. 31, 2011
$ % of Net Rev. $ % of Net Rev.   $ % of Net Rev.

EBITDA (1)

EBITDA $ 286 43.9 % $ 274 42.3 % $ 268 41.0 %
Less:
Depreciation and amortization (20 ) (3.1 %) (19 ) (2.9 %) (17 ) (2.6 %)
Amortization of acquired intangible assets (23 ) (3.5 %) (23 ) (3.6 %) (23 ) (3.5 %)
Interest on borrowings (6 ) (0.9 %) (7 ) (1.1 %) (7 ) (1.1 %)
Provision for income taxes   (90 ) (13.8 %)   (82 ) (12.7 %)   (69 ) (10.6 %)
Net income $ 147   22.6 % $ 143   22.1 % $ 152   23.3 %
 
 
As of
Dec. 31, Sept. 30, June 30, Mar. 31, Dec. 31,
2012 2012 2012 2012 2011

Liquid Assets - Management Target (2)

Liquid assets - management target $ 774 $ 1,054 $ 993 $ 917 $ 918
Plus: Broker-dealer cash and cash equivalents 841 406 387 507 444
Trust company cash and cash equivalents 556 95 74 75 62
Investment advisory cash and cash equivalents 15 11 25 18 11
 
Less: Corporate short-term investments - (150 ) (126 ) (50 ) -
Excess broker-dealer regulatory net capital   (334 )   (501 )   (443 )   (441 )   (517 )
Cash and cash equivalents $ 1,852   $ 915   $ 910   $ 1,026   $ 918  
 
As of
Dec. 31, Sept. 30, June 30, Mar. 31, Dec. 31,
2012 2012 2012 2012 2011

Liquid Assets - Regulatory Threshold (2)

Liquid assets - regulatory threshold $ 1,337 $ 1,611 $ 1,554 $ 1,485 $ 1,422
Plus: Broker-dealer cash and cash equivalents 841 406 387 507 444
Trust company cash and cash equivalents 556 95 74 75 62
Investment advisory cash and cash equivalents 15 11 25 18 11
 
Less: Corporate short-term investments - (150 ) (126 ) (50 ) -
Excess trust company Tier 1 capital (10 ) (10 ) (10 ) (10 ) (9 )
Excess broker-dealer regulatory net capital   (887 )   (1,048 )   (994 )   (999 )   (1,012 )
Cash and cash equivalents $ 1,852   $ 915   $ 910   $ 1,026   $ 918  
 
Note: The term "GAAP" in the following explanation refers to generally accepted accounting principles in the United States.
 
(1)   EBITDA (earnings before interest, taxes, depreciation and amortization) is considered a non-GAAP financial measure as defined by SEC Regulation G. We consider EBITDA an important measure of our financial performance and of our ability to generate cash flows to service debt, fund capital expenditures and fund other corporate investing and financing activities. EBITDA is used as the denominator in the consolidated leverage ratio calculation for covenant purposes under our holding company's senior revolving credit facility. EBITDA eliminates the non-cash effect of tangible asset depreciation and amortization and intangible asset amortization. EBITDA should be considered in addition to, rather than as a substitute for, pre-tax income, net income and cash flows from operating activities.
 
(2)  

Our liquid assets metrics are considered non-GAAP financial measures as defined by SEC Regulation G.  We include the excess capital of our broker-dealer and trust company subsidiaries in the calculation of our liquid assets metrics, rather than simply including broker-dealer and trust company cash and cash equivalents, because capital requirements may limit the amount of cash available for dividend from the broker-dealer and trust company subsidiaries to the parent company.  Excess capital, as defined below, is generally available for dividend from the broker-dealer and trust company subsidiaries to the parent company.  We consider our liquid assets metrics to be important measures of our liquidity and of our ability to fund corporate investing and financing activities.  The liquid assets metrics should be considered as supplemental measures of liquidity, rather than as substitutes for cash and cash equivalents.

 

We define "liquid assets - management target" as the sum of (a) corporate cash and cash equivalents, (b) corporate short-term investments and (c) regulatory net capital of (i) our clearing broker-dealer subsidiary in excess of 10% of aggregate debit items and (ii) our introducing broker-dealer subsidiaries in excess of a minimum operational target established by management ($50 million in the case of our primary introducing broker-dealer, TD Ameritrade, Inc.).  “Liquid assets – management target” is based on more conservative measures of broker-dealer net capital than “liquid assets – regulatory threshold” (defined below) because we prefer to maintain significantly more conservative levels of net capital at the broker-dealer subsidiaries than the regulatory thresholds require.  We consider "liquid assets - management target" to be a measure that reflects our liquidity that would be readily available for corporate investing or financing activities under normal operating circumstances.

 
We define "liquid assets - regulatory threshold" as the sum of (a) corporate cash and cash equivalents, (b) corporate short-term investments, (c) regulatory net capital of (i) our clearing broker-dealer subsidiary in excess of 5% of aggregate debit items and (ii) our introducing broker-dealer subsidiaries in excess of the applicable "early warning" net capital requirement and (d) Tier 1 capital of our trust company in excess of the minimum dollar requirement. We consider "liquid assets - regulatory threshold" to be a measure that reflects our liquidity that would be available for corporate investing or financing activities under unusual operating circumstances, such as the need to provide funding for significant strategic business transactions.
 

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
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
A new definition of Big Data & the practical applications of the defined components & associated technical architecture models This presentation introduces a new definition of Big Data, along with the practical applications of the defined components and associated technical architecture models. In his session at Big Data Expo, Tony Shan will start with looking into the concept of Big Data and tracing back the first definition by Doug Laney, and then he will dive deep into the description of 3V...
SYS-CON Events announced today that Secure Infrastructure & Services will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY, and the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Secure Infrastructure & Services (SIAS) is a managed services provider of cloud computing solutions for the IBM Power Systems market. The company...
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 16th Cloud Expo at the Javits Center in New York June 9-11 will find fresh new content in a new track called PaaS | Containers & Microservices Containers are not being considered for the first time by the cloud community, but a current era of re-consideration has pushed them to the top of the cloud agenda. With the launch ...
The world's leading Cloud event, Cloud Expo has launched Microservices Journal on the SYS-CON.com portal, featuring over 19,000 original articles, news stories, features, and blog entries. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. Microservices Journal offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. Follow new article posts on T...
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
There are 182 billion emails sent every day, generating a lot of data about how recipients and ISPs respond. Many marketers take a more-is-better approach to stats, preferring to have the ability to slice and dice their email lists based numerous arbitrary stats. However, fundamentally what really matters is whether or not sending an email to a particular recipient will generate value. Data Scientists can design high-level insights such as engagement prediction models and content clusters that a...
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
SYS-CON Events announced today the IoT Bootcamp – Jumpstart Your IoT Strategy, being held June 9–10, 2015, in conjunction with 16th Cloud Expo and Internet of @ThingsExpo at the Javits Center in New York City. This is your chance to jumpstart your IoT strategy. Combined with real-world scenarios and use cases, the IoT Bootcamp is not just based on presentations but includes hands-on demos and walkthroughs. We will introduce you to a variety of Do-It-Yourself IoT platforms including Arduino, Ras...
Scott Jenson leads a project called The Physical Web within the Chrome team at Google. Project members are working to take the scalability and openness of the web and use it to talk to the exponentially exploding range of smart devices. Nearly every company today working on the IoT comes up with the same basic solution: use my server and you'll be fine. But if we really believe there will be trillions of these devices, that just can't scale. We need a system that is open a scalable and by using ...
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Avnet, Inc. has announced that it ranked No. 4 on the InformationWeek Elite 100 – a list of the top business technology innovators in the U.S. Avnet was recognized for the development of an innovative cloud-based training system that serves as the foundation for Avnet Academy – the company’s education and training organization focused on technical training around top IT vendor technologies. The development of this system allowed Avnet to quickly expand its IT-related training capabilities around...
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization's assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that sensitive data remains private and secure? How do you best protect data in mixed use cloud and big data infrastructure sets? Can you still satisfy the full range of reporting, compliance and regulatory requirements? In...
The WebRTC Summit 2015 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
Between the compelling mockups and specs produced by your analysts and designers, and the resulting application built by your developers, there is a gulf where projects fail, costs spiral out of control, and applications fall short of requirements. In his session at DevOps Summit, Charles Kendrick, CTO and Chief Architect at Isomorphic Software, will present a new approach where business and development users collaborate – each using tools appropriate to their goals and expertise – to build mo...
Chuck Piluso will present a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Speaker Bio: Prior to Data Storage Corporation (DSC), Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of ...
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility. Internet connectivity has always played a role in customer access to web presence, but in the past few years u...
This talk focuses on the application of DevOps fundamentals to include network infrastructure. It draws from real deployment case studies on the extension of today's paradigms to address the challenges of the network infrastructures' ability to seamlessly and cohesively integrate into agile workflows. In this session at DevOps Summit, Arista Networks will focus on configuration management using automation with a nod to future work necessary to include telemetry and ephemeral state information....
In this session we look at creating interactive communications via the web by adding messaging, file transfer, and group communication (group chat and audio/video conferencing) into the web experience. We will also discuss potential applications of this technology in areas including B2B, B2C, P2P, and gaming. Peter is Technical Director at Acision. He graduated from The University of Edinburgh in 2000 with a BSc (Hons) in Computer Science. After graduation Peter worked on a PSTN switch dev...