Archiving experts see sub-prime crisis upside
Autonomy software chief executive says sub-prime litigation will boost their earnings
If financial services companies become embroiled in litigation following on
from the sub-prime credit crunch, archiving expert Autonomy stands to benefit.
That was the view of Autonomy chief executive Mike Lynch who said yesterday
that the software his company provides to retrieve emails and electronic records
would be in high demand if litigation materialised.
Lynch told the FT that Autonomy had won customers ‘all along the
financial services chain’ as the sector prepared for sub-prime litigation.
Further reading:
Autonomy purchases Sarbox IT firm
Zantaz
Profile: Sushovan Hussain, group CFO of
Autonomy