Computer Sciences Corporation Appoints James MacDonald to Lead E-Business Solutions for Financial Institutions

Strategic Insights -

James MacDonald, a former CIO of State Street Corporation, has joined Computer Sciences Corporation (CSC) as a partner to oversee the development of e-business solutions tailored to Fortune 2000 financial services organizations. With over twenty years of experience in software and network development, MacDonald will leverage his expertise to create customized e-business solutions for financial institutions. CSC currently serves 70 percent of the top 50 U.S. banks and insurers and has provided e-business solutions to companies such as AmerUs Life and Investors Bank and Trust.

Key Takeaways:

  • James MacDonald, former CIO of State Street Corporation, has joined CSC's e-business program as a partner to oversee the development of e-business solutions for Fortune 2000 financial services organizations.
  • MacDonald brings over twenty years of experience in software and network development, and a strong background in I/T strategy and management pertaining to advanced and emerging technologies.
  • CSC currently serves 70 percent of the top 50 U.S. banks and insurers, and has provided e-business solutions to companies such as AmerUs Life and Investors Bank and Trust.
  • As a partner, MacDonald will help develop customized e-business solutions for financial institutions, capitalizing on CSC's existing capabilities and leadership in providing business and I/T solutions.
  • MacDonald holds a B.S. in Business Management and Computer Sciences from the University of Massachusetts and a graduate of the Executive Development Program at the Wharton School of the University of Pennsylvania.
  • CSC offers a comprehensive array of business and technology solutions that support the complex requirements of the evolving global financial services industry.

Statistics:

  • CSC serves 70 percent of the top 50 U.S. banks and insurers.
  • CSC has provided e-business solutions to over 1,000 banks, insurers, investment firms, consumer finance companies, and other major financial services organizations globally.
  • CSC's e-commerce capabilities support a range of traditional and emerging channels.
  • CSC had revenues of $7.4 billion for the twelve months ended January 1, 1999.
  • CSC has over 50,000 employees in more than 700 offices worldwide.

Sources:

  • Computer Sciences Corporation, "James MacDonald Joins CSC's E-Business Program as Partner" (PRNewswire, April 12)
  • Computer Sciences Corporation, "About CSC" (csc.com)
  • Computer Sciences Corporation, "2000 Annual Report" (csc.com)