Another company acquired about 75 percent of Lincoln Trust, along with its technology, which left the CTO with a pressing need for a new technology platforma(c).
Charlie Billings faced a daunting task: Create an entire IT operation for a company already in full swing.
The company is Lincoln Trust, a provider of 401(k) services, where Billings is vice president of IT and CTO. The company had spent four years achieving high efficiency, with a business operations strategy that relied on enterprise-level workflow technology. The technology--off-the-shelf software that had been customized and run in a private cloud--was so successful that it was the main reason PENSCO Trust bought Lincoln Trust, Billings says.