
Open Solutions, Glastonbury
Glastonbury-based Open Solutions Inc., a provider of integrated enterprise-wide data processing and enabling technologies for financial services providers across the United States, Canada and other international markets, has appointed Robert P. Pinataro as vice president and general manager of its Corporate Financial Solutions Group.
Pinataro is responsible for overseeing the growth and development of the firm’s Corporate Financial Solutions business, which provides outsourced processing services for health savings accounts, asset retention services, broker-dealer banking services and corporate money management account services. Pinataro reports to Dave Krystowiak, Open Solutions’ executive vice president of group operations.
“As Open Solutions integrates these four proven solutions into its expanding product mix, I believe we’re poised to provide even more strategic offerings to the clients we serve,” Krystowiak said. “These expanded offerings, combined with Open Solutions’ extensive suite of innovative products and services, further emphasize our commitment to provide clients with creative and customized solutions to help raise additional capital, enter emerging markets and streamline financial processes. I have confidence that Rob will lead the CFS Group to become the powerhouse of expert service and market knowledge that I know it is capable of becoming.”
Pinataro joins Open Solutions from Automatic Data Processing Inc., where he was a vice president and general manager since 2003. Most recently, he led ADP’s COBRA/flexible spending account services with responsibility for a 700-person global team. In 2003, he led a 150-person team at ADP Health and Welfare Services.
Prior to ADP, Pinataro served General Electric Global eXchange Services from 1998 to 2003, where he began as a Six Sigma Black Belt and held various roles including strategy development, business start-up and others. Before he joined GE, Pinataro served as a Navy officer during which time he led operations of shipboard nuclear power plants.
Pinataro holds a Master of Business Administration degree from the University of Pennsylvania’s Wharton School, a Master of Science degree from the University of Portsmouth in England and a Bachelor of Science degree from the U.S. Naval Academy.
“Open Solutions has a suite of exceptional and creative products and services,” Pinataro said. “Our high-demand banking services are complemented by our marketing, management, call center and regulatory services to help clients increase revenue, derive process efficiencies and reduce cost. The CFS Group has developed a suite of innovative, industry-focused technology products and services and we are investing heavily to ensure our clients remain the best at attracting, thrilling and retaining even more account holders. I am pleased to join and be a part of this world-class organization and look forward to accelerating its growth through intense focus on our clients’ needs.”
CMBA Plans Seminars
The Connecticut Mortgage Bankers Association will sponsor a one-day seminar on Federal Housing Administration loan origination on Tuesday, Nov. 7. The event is designed to assist loan officers to effectively originate an FHA mortgage and make sure the loan gets closed.
Also, a two-day seminar on FHA processing and underwriting will be held on Wednesday and Thursday, Nov. 8 and 9. The two-day program is designed to assist those individuals who have some FHA knowledge to help take them to the next level.
The seminars will be conducted by Catherine A. Parker of Mortgage Training Solutions Inc. They will be held at McCue Mortgage Co., One Liberty Square, New Britain. Registration will be at 8:30 a.m. and the presentations will take place from 9 a.m. to 4 p.m. daily.
The cost of the one-day seminar will be $275 for CMBA members and $375 for nonmembers. The cost of the two-day event will be $450 for CMBA members and $550 for nonmembers.
For more information or to register, call the CMBA office at (860) 232-9141 or send an e-mail to info@cmba.org.