GREENWICH, Conn., Oct. 17, 2013 /PRNewswire/ -- Marketcore.com, Inc. is proud to announce and welcome the Honorable David M Walker, former Comptroller General of the United States and CEO of the U.S. Government Accountability Office (1998 -2008) as Honorary Chairman and Senior Advisor.
Marketcore is a Connecticut based intellectual property and technology development company. The Company has been granted nine patents and related trademarks. Marketcore's proprietary systems are designed to enhance the functioning of financial and insurance markets for the benefit of all participants.
"I decided to accept this role at Marketcore because of its innovative and patented intellectual property (IP). It has the ability to transform how markets work for the benefit of all Americans," stated Mr. Walker. "Marketcore's IP can help improve transparency, enhance efficiency, enable fair value reporting, improve investor fairness and confidence, and facilitate more informed trading. It can be used in connection with a wide range of investments, exchanges for financial products (e.g., bonds, mortgages and their derivatives) and insurance, (e.g., addressing flood and other environmental risks) and numerous other risk management areas. Given the current state of affairs, Marketcore's time has come."
"We are very pleased that Dave Walker has decided to join the Marketcore team," said Michael Erlanger, Managing Principal of Marketcore. "He has a national and international reputation for truth, transparency, transformation and accountability. Dave will contribute actively to the rollout of Marketcore's systems, helping to make risks more apparent to market participants while encouraging the development and broadening of our financial markets."
Founded in 2000, Marketcore (www.marketcore.com) is a privately held company based in Greenwich, CT. The Company's proprietary tools deliver operating efficiencies, liquidity, value enhancement and complex risk assessment for the financial services and insurance industries. Their work has been cited by a number of leading risk managers, regulatory interests and others, including the Library of Congress Congressional Research Service in a "CRS Report to Congress: Financing Recovery from Large-Scale Natural Disasters, November 18, 2008." Marketcore's inventive methods are transforming the processes that surround financial market exchange use, risk ratings and information delivery.
To learn more, please visit http://www.marketcore.com.
SOURCE Marketcore.com, Inc.