Banking is the critical factor to America’s stalwart business status. A sound system of integrity and quality leads this nation to the finite forefront of financial finesse. This unique situation is what allows bold businesses to flourish. Given a financial constant, businesses can focus on the key components which differentiate themselves from their competitors and peers. Thus, investment banking is the essence of the spirit driving capitalism to create.
So when financial firms like StoneCaste push the envelope, a beautiful compounding effect enhances business exponentially. Recently, StoneCastle acquired Intermedium’s insured deposit sweep system. The intuitive acquisition includes the InterLINKTM FinTech platform, and related technology. The purchase solidifies StoneCastle’s status as an institutional investment leader, and represents the firms forward-driving mentality.
StoneCastle is a company foundational focused on technological solutions, so this purchase bolsters this capacity. According to Stephen Rotella, StoneCastle CEO, this technology will “add significant value” through efficiency based innovation. Rotella is bold in his rhetoric, promising to bring solutions which will stun the market. Forward thinking is the name of the game.
Rotella cites pending SEC and DOL regulatory reforms as an integral factor coinciding with the sweep technology acquisition. He believes that now is the time to cement the status of StoneCastle as current opportunities are “historic”. John Marshall, a managing member of the private equity firm that owns Intermedium, is ecstatic regard the purchase. Marshall sees StoneCastle as “vibrant” and “prudent yet ambitious”. This is a beautiful medium in the banking business, sure to inspire achievement (and ensure stability).
Stephen Rotella brings an immense amount of knowledge and experience to StoneCastle. He has been a president of Chase Manhattan, CEO of Chase Home Finance, LLC, and Executive Vice President of JP Morgan Chase. Rotella’s roles have involved employment from day-to-day operations, oversight, and advisory capacities. Through employment in this range of leadership roles, his capacity to achieve innovation is second-to-none. StoneCastle has a unique foundation for a financial future, and is backed by banking stalwarts CIBC and Charlesbank Capital Partners. This firm status, in synergy with the bold leadership of Stephen Rotella, paves a world-class way.