Lone Star Increases Staff As Business Opportunities Increase

With year-over-year growth exceeding 50%, and business opportunities emerging in all segments of Lone Star’s business, it became obvious that broadening the team and the fields of expertise that new hires could provide was an imperative.

Dallas, Texas (PRWEB) June 28, 2012

Lone Star, internationally recognized in business and technology decision support, modeling and simulation, and a provider of advisory services addressing highly complex client issues has enhanced its team of professionals during the first half of 2012.

With year-over-year compound annual growth rate (CAGR) of at least 50%, and business opportunities emerging in all segments of Lone Star’s business, it became obvious that broadening the team and the fields of expertise that new hires could provide was an imperative.

“With the personnel additions we have made, we expect to continue our historical rate of growth, with decision analysis and business simulations providing the most opportunity this year,” said Matthew Bowers, Vice President of Business Development. “As we look into the future, it is clear that our client’s demand for our services will grow and we will continue to look for the best and the brightest to help address their critical issues.”

“Lone Star has been consistently answering our client’s most pressing operational and technical challenges and questions. Our powerful TruNavigator™ decision analysis engine, and other tools and data sets, are considered best-in-class”, Bowers noted. “But even with those advantages, the quality of our people is the biggest reason for our success.” Bowers said.

About Lone Star

Lone Star has built a strong reputation with its clients for delivering insightful analysis, advice and support that leads to improved operational performance, monetary savings and risk reduction. Headquartered in Dallas, Texas, Lone Star has gained international recognition for its decision analysis and business modeling, by providing advisory services that address a client’s most complex, mission critical challenges. Lone Star’s roots lie in the development, fielding and support of complex technologies and programs for the Department of Defense and commercial enterprises in the telecommunications and technology markets.

For more information the Lone Star home page is http://www.lone-star.com.

Lone Star ? 4555 Excel Parkway ? Suite 500 ? Addison, TX 75001

Tel: 972-690-9494 Fax: 972-690-9495

Matthew Bowers
Lone Star
214-440-3186
Email Information

View the original article here

Lone Star Increases Staff As Business Opportunities Increase

With year-over-year growth exceeding 50%, and business opportunities emerging in all segments of Lone Star’s business, it became obvious that broadening the team and the fields of expertise that new hires could provide was an imperative.

Dallas, Texas (PRWEB) June 28, 2012

Lone Star, internationally recognized in business and technology decision support, modeling and simulation, and a provider of advisory services addressing highly complex client issues has enhanced its team of professionals during the first half of 2012.

With year-over-year compound annual growth rate (CAGR) of at least 50%, and business opportunities emerging in all segments of Lone Star’s business, it became obvious that broadening the team and the fields of expertise that new hires could provide was an imperative.

“With the personnel additions we have made, we expect to continue our historical rate of growth, with decision analysis and business simulations providing the most opportunity this year,” said Matthew Bowers, Vice President of Business Development. “As we look into the future, it is clear that our client’s demand for our services will grow and we will continue to look for the best and the brightest to help address their critical issues.”

“Lone Star has been consistently answering our client’s most pressing operational and technical challenges and questions. Our powerful TruNavigator™ decision analysis engine, and other tools and data sets, are considered best-in-class”, Bowers noted. “But even with those advantages, the quality of our people is the biggest reason for our success.” Bowers said.

About Lone Star

Lone Star has built a strong reputation with its clients for delivering insightful analysis, advice and support that leads to improved operational performance, monetary savings and risk reduction. Headquartered in Dallas, Texas, Lone Star has gained international recognition for its decision analysis and business modeling, by providing advisory services that address a client’s most complex, mission critical challenges. Lone Star’s roots lie in the development, fielding and support of complex technologies and programs for the Department of Defense and commercial enterprises in the telecommunications and technology markets.

For more information the Lone Star home page is http://www.lone-star.com.

Lone Star ? 4555 Excel Parkway ? Suite 500 ? Addison, TX 75001

Tel: 972-690-9494 Fax: 972-690-9495

Matthew Bowers
Lone Star
214-440-3186
Email Information

View the original article here

Company reduces environmental impact, increases business opportunities - YNN

It was a trip to Mars that put Herkimer County company CTM on the map. Now the high precision engineering machine shop says it's protecting planet Earth that can help it reach the next level of success. Sarah Blazonis reports.

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FRANKFORT, N.Y. -- It's been four years since CTM landed on Mars. Or rather, since the scoop the Frankfort company manufactured for the Phoenix Mars Lander began collecting soil from the surface of the red planet. Now the company said it's paving the way for more big projects with its new Environmental Management System.

"Recycling the materials, we've divided that into smaller bins so we know exactly what the material was going. So, yeah, it has had a great impact on us," said John Piseck, a sales engineer with CTM.

The ISO 14001 system monitors the company's effect on the environment and works to reduce it. New equipment, like an evaporator that recycles oil, was purchased as part of the process. CTM's 25 employees also went through months of training.

"It broadens their manufacturing base, it gives them much more competition status with other companies," said John Caneen, a member of the training team with Mohawk Valley Applied Technology Corporation.

Officials say that means it's going to be easier for the company to go after contracts with major manufacturers like Toyota and Boeing.

"To date, they've more or less worked with companies that do have that status, and that'll allow us to go around them and go directly to the manufacturer," said Piseck.

And opening the door to do business with larger companies could mean more opportunities for local workers.

The Workforce Development Institute says it awarded CTM a grant for training because programs like this will play a big part in the future of the state's economy.

"To help develop and maintain manufacturing jobs in New York State, and also to create a more sustainable environment," said WDI Regional Director Mary Jo Ferrare.

CTM will next work with an accredited agency to officially certify it's system.

View the original article here

Matrix Product Expansion Increases Visibility and Growth Opportunities for Firms and Financial Advisors - Yahoo Finance

LAKE SUCCESS, N.Y., March 5, 2012 /PRNewswire/ -- Matrix Financial Solutions, a Broadridge Financial Solutions, Inc. (NYSE: BR - News) company, announced today a significant expansion of its core mutual fund trading platform. The offering provides broker-dealers access to a level compensation service -- a first in a completely open architecture environment -- and greater visibility into plan data. The offering also includes advanced plan proposal and management features for financial advisors.

The expanded Matrix product and service offering will help financial services firms and financial advisors more successfully navigate the retirement plan process, generate new business opportunities and comply with regulatory changes, all in an open architecture environment.

The new products and services offered by Matrix include:

Data Feed Service -- presents plan asset values, investment activity and other important information, and creates a window for broker-dealers into the activity of a firm's advisors.Level Compensation Service -- provides SEC Registered broker-dealers the necessary certainty that all investment options available to plan participants will pay the firm and the representative a levelized compensation structure.  The service is offered with two options -- 25 and 50 basis points. Matrix will manage all 12b-1 revenue collection and reconciliation efforts with the fund companies and offer a single payment and reporting via DTCC's Commission Settlement service.RetireToolKit Desktop Proposal Generator -- enables advisors to research, select and monitor funds on behalf of the plan from a universe of more than 20,000 investment options. Professional, customized proposals can be easily packaged with pre-printed sales materials giving advisors the ability to provide plan sponsors with a highly competitive package.  RetireToolKit Desktop Report Generator -- allows advisors to efficiently prepare and print professional looking quarterly and annual plan reviews for meetings with plan sponsors.

"The expansion of our service offering provides all the tools needed to help retirement plan providers comply and win in this evolving environment," said John Moody, President, Matrix. "With new fee disclosure regulations in place and fiduciary standards under review, increased visibility from an open architecture process, at both the firm and advisor level, is being viewed as the solution to help them gain new business and comply with new regulatory changes."

Level compensation, specifically, was created to provide certainty that the pay structure for investments would be level, regardless of the investment chosen by a plan sponsor or any of its participants. Prior to introduction of this service by Matrix, firms were typically restricted in their choice of investments with level compensation plans. This new service offered by Matrix offers a level payout and access to thousands of funds, and provides broker/dealers with a powerful competitive advantage.

About Matrix Financial Solutions
Matrix Financial Solutions, now part of Broadridge Financial Solutions, Inc., is a leading provider of TrueOpen™ retirement products and services for third party administrators, financial advisors, banks and other financial professionals. Matrix serves more than 300 financial institutions with over $145 billion in customer assets processed through its trading platform. For more information about Matrix please visit www.matrixfinancialsolutions.com.

About Broadridge
Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. Broadridge builds the infrastructure that underpins proxy services for over 90% of public companies and mutual funds in North America; processes more than $4 trillion in fixed income and equity trades per day; and saves companies billions annually through its technology solutions. For more information about Broadridge please visit www.broadridge.com.

Media Contact:
Kelly M. Howard
Broadridge
+1-212-981-1347
kelly.howard@broadridge.com

View the original article here

ICB Trade Lines - Piggyback Credit Increases FICO Score

Fair Isaac Corp., the company responsible for FICO credit scores, has decided that when it unveils a new version of its credit score system in September, it will close the loophole that allowed piggybacking.

Angry proponents of piggybacking say they'll organize a grass-roots campaign to fight against the change.

With piggybacking, a consumer with poor credit is placed as authorized user on the credit card of a person with a stellar credit history. Authorized users benefit from having the payment history of the primary cardholders show up on their credit reports, thereby improving their credit scores.

Lenders have complained that it is fraud and distorts the credit score system.

Internet companies have created an industry by playing middleman -- paying a small sum to those with good credit to take on those with bad credit as authorized users, then collecting healthy fees from those consumers.

Now one of those Web-based firms has threatened to organize an effort to expose problems in the credit scoring system.

"Our very existence (proves) that the FICO system is so flawed," says John Coates, spokesman for Instant Credit Builders based in Largo, Fla.

Fair Isaac says that starting in September it will ignore authorized users as it calculates the renowned FICO credit score.

"Fair Isaac has become aware that Web-based services are using authorized trade lines to defraud lenders," says Craig Watts, spokesman for Fair Isaac. "While we work with the financial services industry on an industry solution, we wanted to protect lenders and FICO scores."

The FICO credit score is used by lenders to assess risk in lending money. Lenders factor this number, which can range from 300 to 850, in credit decisions. Watts says 90 percent of the largest U.S. banks base their loan decisions on FICO credit scores.

Watts says the change will prevent people from misleading lenders about their true credit risk.

Coates argues the system can't be easily changed.

"Maybe our system can definitely show you, OK, there seems like there's a loophole and there are flaws that increase the score. You know what? There are also a zillion flaws that decrease the people's scores."

He says Instant Credit Builders plans to bring to light every flaw in the credit scoring system.

"We are building a community of people that are going to stand up. We will petition against it and we are actually going to formulate plans to work together as a grassroots effort to actually create a financial revolution," he says.

Those who rent credit histories won't be the only ones suffering a loss. Often parents will attempt to give their children a jump-start on a good or improved credit history, and they'll be taking a hit as well.

View the original article here

ICB Trade Lines - Piggyback Credit Increases FICO Score

Fair Isaac Corp., the company responsible for FICO credit scores, has decided that when it unveils a new version of its credit score system in September, it will close the loophole that allowed piggybacking.

Angry proponents of piggybacking say they'll organize a grass-roots campaign to fight against the change.

With piggybacking, a consumer with poor credit is placed as authorized user on the credit card of a person with a stellar credit history. Authorized users benefit from having the payment history of the primary cardholders show up on their credit reports, thereby improving their credit scores.

Lenders have complained that it is fraud and distorts the credit score system.

Internet companies have created an industry by playing middleman -- paying a small sum to those with good credit to take on those with bad credit as authorized users, then collecting healthy fees from those consumers.

Now one of those Web-based firms has threatened to organize an effort to expose problems in the credit scoring system.

"Our very existence (proves) that the FICO system is so flawed," says John Coates, spokesman for Instant Credit Builders based in Largo, Fla.

Fair Isaac says that starting in September it will ignore authorized users as it calculates the renowned FICO credit score.

"Fair Isaac has become aware that Web-based services are using authorized trade lines to defraud lenders," says Craig Watts, spokesman for Fair Isaac. "While we work with the financial services industry on an industry solution, we wanted to protect lenders and FICO scores."

The FICO credit score is used by lenders to assess risk in lending money. Lenders factor this number, which can range from 300 to 850, in credit decisions. Watts says 90 percent of the largest U.S. banks base their loan decisions on FICO credit scores.

Watts says the change will prevent people from misleading lenders about their true credit risk.

Coates argues the system can't be easily changed.

"Maybe our system can definitely show you, OK, there seems like there's a loophole and there are flaws that increase the score. You know what? There are also a zillion flaws that decrease the people's scores."

He says Instant Credit Builders plans to bring to light every flaw in the credit scoring system.

"We are building a community of people that are going to stand up. We will petition against it and we are actually going to formulate plans to work together as a grassroots effort to actually create a financial revolution," he says.

Those who rent credit histories won't be the only ones suffering a loss. Often parents will attempt to give their children a jump-start on a good or improved credit history, and they'll be taking a hit as well.

View the original article here

Matrix Product Expansion Increases Visibility and Growth Opportunities for Firms and Financial Advisors - Yahoo Finance

LAKE SUCCESS, N.Y., March 5, 2012 /PRNewswire/ -- Matrix Financial Solutions, a Broadridge Financial Solutions, Inc. (NYSE: BR - News) company, announced today a significant expansion of its core mutual fund trading platform. The offering provides broker-dealers access to a level compensation service -- a first in a completely open architecture environment -- and greater visibility into plan data. The offering also includes advanced plan proposal and management features for financial advisors.

The expanded Matrix product and service offering will help financial services firms and financial advisors more successfully navigate the retirement plan process, generate new business opportunities and comply with regulatory changes, all in an open architecture environment.

The new products and services offered by Matrix include:

Data Feed Service -- presents plan asset values, investment activity and other important information, and creates a window for broker-dealers into the activity of a firm's advisors.Level Compensation Service -- provides SEC Registered broker-dealers the necessary certainty that all investment options available to plan participants will pay the firm and the representative a levelized compensation structure.  The service is offered with two options -- 25 and 50 basis points. Matrix will manage all 12b-1 revenue collection and reconciliation efforts with the fund companies and offer a single payment and reporting via DTCC's Commission Settlement service.RetireToolKit Desktop Proposal Generator -- enables advisors to research, select and monitor funds on behalf of the plan from a universe of more than 20,000 investment options. Professional, customized proposals can be easily packaged with pre-printed sales materials giving advisors the ability to provide plan sponsors with a highly competitive package.  RetireToolKit Desktop Report Generator -- allows advisors to efficiently prepare and print professional looking quarterly and annual plan reviews for meetings with plan sponsors.

"The expansion of our service offering provides all the tools needed to help retirement plan providers comply and win in this evolving environment," said John Moody, President, Matrix. "With new fee disclosure regulations in place and fiduciary standards under review, increased visibility from an open architecture process, at both the firm and advisor level, is being viewed as the solution to help them gain new business and comply with new regulatory changes."

Level compensation, specifically, was created to provide certainty that the pay structure for investments would be level, regardless of the investment chosen by a plan sponsor or any of its participants. Prior to introduction of this service by Matrix, firms were typically restricted in their choice of investments with level compensation plans. This new service offered by Matrix offers a level payout and access to thousands of funds, and provides broker/dealers with a powerful competitive advantage.

About Matrix Financial Solutions
Matrix Financial Solutions, now part of Broadridge Financial Solutions, Inc., is a leading provider of TrueOpen™ retirement products and services for third party administrators, financial advisors, banks and other financial professionals. Matrix serves more than 300 financial institutions with over $145 billion in customer assets processed through its trading platform. For more information about Matrix please visit www.matrixfinancialsolutions.com.

About Broadridge
Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. Broadridge builds the infrastructure that underpins proxy services for over 90% of public companies and mutual funds in North America; processes more than $4 trillion in fixed income and equity trades per day; and saves companies billions annually through its technology solutions. For more information about Broadridge please visit www.broadridge.com.

Media Contact:
Kelly M. Howard
Broadridge
+1-212-981-1347
kelly.howard@broadridge.com

View the original article here

Matrix Product Expansion Increases Visibility and Growth Opportunities for Firms and Financial Advisors

LAKE SUCCESS, N.Y., March 5, 2012 /PRNewswire/ -- Matrix Financial Solutions, a Broadridge Financial Solutions, Inc. (NYSE: BR - News) company, announced today a significant expansion of its core mutual fund trading platform. The offering provides broker-dealers access to a level compensation service -- a first in a completely open architecture environment -- and greater visibility into plan data. The offering also includes advanced plan proposal and management features for financial advisors.

The expanded Matrix product and service offering will help financial services firms and financial advisors more successfully navigate the retirement plan process, generate new business opportunities and comply with regulatory changes, all in an open architecture environment.

The new products and services offered by Matrix include:

Data Feed Service -- presents plan asset values, investment activity and other important information, and creates a window for broker-dealers into the activity of a firm's advisors.Level Compensation Service -- provides SEC Registered broker-dealers the necessary certainty that all investment options available to plan participants will pay the firm and the representative a levelized compensation structure.  The service is offered with two options -- 25 and 50 basis points. Matrix will manage all 12b-1 revenue collection and reconciliation efforts with the fund companies and offer a single payment and reporting via DTCC's Commission Settlement service.RetireToolKit Desktop Proposal Generator -- enables advisors to research, select and monitor funds on behalf of the plan from a universe of more than 20,000 investment options. Professional, customized proposals can be easily packaged with pre-printed sales materials giving advisors the ability to provide plan sponsors with a highly competitive package.  RetireToolKit Desktop Report Generator -- allows advisors to efficiently prepare and print professional looking quarterly and annual plan reviews for meetings with plan sponsors.

"The expansion of our service offering provides all the tools needed to help retirement plan providers comply and win in this evolving environment," said John Moody, President, Matrix. "With new fee disclosure regulations in place and fiduciary standards under review, increased visibility from an open architecture process, at both the firm and advisor level, is being viewed as the solution to help them gain new business and comply with new regulatory changes."

Level compensation, specifically, was created to provide certainty that the pay structure for investments would be level, regardless of the investment chosen by a plan sponsor or any of its participants. Prior to introduction of this service by Matrix, firms were typically restricted in their choice of investments with level compensation plans. This new service offered by Matrix offers a level payout and access to thousands of funds, and provides broker/dealers with a powerful competitive advantage.

About Matrix Financial Solutions
Matrix Financial Solutions, now part of Broadridge Financial Solutions, Inc., is a leading provider of TrueOpen™ retirement products and services for third party administrators, financial advisors, banks and other financial professionals. Matrix serves more than 300 financial institutions with over $145 billion in customer assets processed through its trading platform. For more information about Matrix please visit www.matrixfinancialsolutions.com.

About Broadridge
Broadridge is a technology services company focused on global capital markets. Broadridge is the market leader enabling secure and accurate processing of information for communications and securities transactions among issuers, investors and financial intermediaries. Broadridge builds the infrastructure that underpins proxy services for over 90% of public companies and mutual funds in North America; processes more than $4 trillion in fixed income and equity trades per day; and saves companies billions annually through its technology solutions. For more information about Broadridge please visit www.broadridge.com.

Media Contact:
Kelly M. Howard
Broadridge
+1-212-981-1347
kelly.howard@broadridge.com

View the original article here