ISV's have refuted criticism voiced by FCMs over the performance of their software and commitment to invest the necessary cash for improvements.
Rolfe and Nolan (R&N) and SunGard GMI have hit back over comments made by Dave Myers, financial services partner at Deloitte and Touche, who slammed the software companies over their performance and willingness to invest sufficiently to improve standards (see FO Week Vol 12 No 22). Both ISVs strenuously contested Myers' comments, stressing a history of investing in the implementation of modern technology to meet industry needs.
R&N was surprised at the comments, made...