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Company History
Unlike other significant corporate investments, information technology
(IT) projects are not protected by standard risk management techniques,
such as project insurance. And failed IT projects cost companies billions
of dollars annually.
Mort Goldman and Dan Brennan believed there was a much-needed and pragmatic
solution that would better empower financial and technology officers
to protect their strategic investments in technology. With more than
40 years of experience delivering IT solutions for Fortune 1000 companies,
they founded Gladwyne Software Surety—now Fortera. Their vision
of making software consultants accountable for their technology implementations
through systematic IT risk management services and project insurance
marked a turning point in the tech-buying arena.
Company Milestones
09/2001 Fortera
becomes new name for Gladwyne Software Surety.
Expands
offerings with first-to-market IT Project Guaranty, the company's
first of a growing suite of risk transfer products.
07/2001Insurance
vet Rick Hinckley joins Gladwyne as CFO and EVP, Insurance
06/2001Gladwyne
launches MyMissouriMethod®, an automated
delivery toolkit
06/2001Howard
Fair joins Gladwyne as VP of risk management services
04/2001Gladwyne
forms strategic partnership with Financial Executives
International
to educate executives on technology assurance
issues
10/2000Gladwyne
closes first round of funding of $3.7 million
12/1999The
Jackson Laboratory engages Gladwyne to manage risks of
multi-million-dollar
Oracle implementation
10/1999Gladwyne
expands Missouri Method® by introducing enterprise
software underwriting
process
08/1999Gladwyne
launches IT risk management program; Introduces
proprietary
risk management methodology—the Missouri
Method®
06/1999Mort
Goldman and Dan Brennan co-found Philadelphia-based
Gladwyne Software
Surety
For Fortera press information, please contact: pr@fortera.com
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