Thanks SunGard
While on vacation recently in a small village just north of Avignon, France, I couldn't help but feel a sense of gratitude toward the folks at SunGard who, it was announced on Tuesday, had agreed to throw their not insubstantial weight behind professional cycling by opting to again co-sponsor a Pro Tour team for the 2011 season.
To be fair, given the media leaks during the course of this year's Tour de France, the SunGard announcement was never in much doubt (even though all parties involved vehemently denied that a deal was as good as done, even up to the proverbial 11th hour), but I was none-the-less pleased when I read the press release outlining the firm's involvement.
For those of you who don't know, SunGard is currently one of the co-sponsors of Team Saxo Bank, a Denmark-based pro cycling outfit, which currently occupies the number two spot on the UCI (Union Cycliste Internationale) World Rankings, and which got to within 39 seconds of winning cycling's greatest prize, the individual Tour de France GC (general classification) through Luxemburger, Andy Schleck.
SunGard has chosen to extend this relationship for the 2011 season and for good reason: Bjarne Riis, the franchise owner, has enticed Alberto Contador, currently leading the UCI World Rankings, away from the Kazakhstan-based Astana squad and onto his team roster for next year, which, when you consider the depth and experience of the current squad, means that in all likelihood the SunGard logo will ascend the top step of the Tour de France podium at the back end of July next year. After all, Contador has won every grand tour he has started for the past three years, and therefore, any grand tour he chooses to start next year is pretty much his to lose.
Contador's arrival will more than make up for the loss of the Schelck brothers who, by all accounts, are set to announce the formation of a new Luxembourg-based team with directeur sportif Kim Andersen at the helm.
It's shrewd move by SunGard, which it clearly sees as providing a media platform to extend its brand on a global basis through its association with such an international and high-profile sport. But from a personal perspective, I'm just happy to see new sponsors supporting a sport that has seen its fair share of scandal and disappointment over the years.
Thanks Cris (Conde) and the SunGard team.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Hitting the Great Wall: Details scarce on China’s Xinchuang initiative
In a quest to learn more about China’s Xinchuang initiative, Wei-Shen finds trying to get information feels like running into a wall over and over again.
Anthropic builds finance agents, Osttra buys HUB, TMX mulls extended trading, and more
A recap of the major tech and data news from the past week in the capital markets.
Bootcamps and peer pressure: Goldman preps staff for AI future
Isda AGM: Tone from the top is not enough, says chief information officer Marco Argenti.
Symphony introduces agentic workflows to core platform
Through the new AI agent studio, firms will now be able to build their own AI agents within the Symphony platform.
Apac buy-side firms embrace AI and automation to bolster the business
How Apac buy-side firms are using AI, APIs and automation to transform investment workflows
FactSet and JP Morgan’s new tool, Broadridge’s proxy voting play, Fitch’s new MCP, and more
A recap of the major tech and data news from the past week in the capital markets.
Capital markets’ demand for Google’s chips buoys cloud business
Google will begin delivering its TPUs to a select group of clients in their own datacenters later this year.
Waters Wavelength Ep. 351: MarketAxess’s Lee and Alexandre
This week, Spencer Lee and Julien Alexandre from MarketAxess join the podcast to discuss AI in fixed income trading.