Rowe Price's Foresight Pays Off, Fund Company Survives Turmoil Intact

SPECIAL REPORT

Hardly anyone can say they survived the late October market swings without a scratch, but the initial assessments at T. Rowe Price was that advance planning paid off, according to the Baltimore mutual fund company's chief information officer, Michael Goff.

"We had set up a task force a few years ago to look at a day like this," Goff says. Several fund companies either misquoted or omitted closing prices on some of their funds for Tuesday, October 28 (see related stories, this issue), but T. Rowe

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Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

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