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InteQ Adds Financial Services Practice

Managed services provider (MSP) InteQ says it is adding a financial services practice for the same reason people rob banks — it's where the money is.

The Bedford, Mass.-based company yesterday named James Rich as vice president of its newly formed Financial Services Practice. Rich will be responsible for developing and running the new business unit.

The current economy, InteQ figures, is forcing all types of organizations, especially those in the financial services sector, to look for new ways to lower their costs while improving the quality of service they provide to their customers.

InteQ provides monitoring and management services of applications and information technology infrastructure based on IT Infrastructure Library (ITIL) best practices.

"While there are several industries that can benefit from InteQ's offerings, financial services is one of the most prominent, and Jim is clearly the right individual to head up the company's financial services practice area," said Maureen Ellenberger, CEO of InteQ.

Before joining InteQ, Rich was vice president of sales and marketing for Crimson Technologies. Prior to that, he was senior vice president at Global Crossing Solutions.

"InteQ is making a significant impact in the way its customers conduct business by enabling them to focus on their core, strategic objectives," said Rich. "I look forward to providing financial institutions with the solutions that will enable them to remain competitive and realize a dramatic return on investment."


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