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Louis Hernandez, Jr.
Author, Visionary and Entrepreneur
Louis Hernandez, Jr., is chairman and
CEO of Open Solutions, serves on the
board of directors of HSBC North America
Holdings Inc., the author of "Too Small
to Fail: How the Financial Industry
Crisis Changed the World's Perceptions,"
and a strong advocate for community
banks and credit unions.
In "Too Small to Fail," he suggests now
is the perfect time for the leaders of
today's community-based financial
institutions to seize the day and lead
the financial services industry back to
the center of economic vitality and
drive economic growth - one community at
a time. Much of his writings come from
observations he's made throughout his
career in the financial services
industry.
As an advocate, Mr. Hernandez is
regularly requested to speak to such
industry organizations such as American
Bankers Association, Financial Managers
Society, Credit Union Executive Society
and Pennsylvania Bankers Association. In
addition, he is frequently asked to
speak to boards and larger organizations
on the topics of technology, economics,
strategic planning and globalization. He
also speaks on how companies can rework
their technology infrastructure in order
to become more efficient and make better
use of their internal assets.
Mr. Hernandez has been featured on Fox
Business, CNBC, ABC News, Bloomberg
Radio and Bloomberg TV discussing the
plight of community banks and credit
unions and the unintended consequences
US banking regulations have had on
community based financial institutions
nationwide. He was also been featured on
TheStreet.com discussing his book "Too
Small to Fail," and in an article by The
Wall Street Journal's David Weidner
titled, "Too Small to Fail, Banks Can
Drive an Economic Recovery. No, Not
Those Banks." Mr. Hernandez has also had
articles published in The Washington
Post, Hartford Business Journal,
American Banker, Finance on Windows,
Bank Technology News, eLeader, Credit
Union Times, Credit Union Journal, and
Bank Systems and Technology.
In April 2012, Mr. Hernandez will
release his latest book, "Saving the
American Dream," a provocative and
thoughtful account exploring the
origins, evolution and economic
underpinnings of the American Dream,
detailing how key government policies
over-facilitated the dream's attainment,
weakened the will of the American people
and drove us inexorably toward the 2007
financial crisis. In addition, Mr.
Hernandez makes it clear that the only
way out of our current dilemma is to
create new models and standards for
ourselves and our institutions that
re-connect with Main Street, global
realities and the fundamental principles
of the American Dream, offering numerous
ideas that challenge and inspire readers
to take up the cause of rebuilding the
economy.
Mr. Hernandez is Chairman of the Board
and Chief Executive Officer of Open
Solutions Inc., a leading provider of
enterprise-wide enabling technologies
for financial institutions. Open
Solutions is a rapidly growing software
and solutions company headquartered in
Glastonbury, Connecticut, with a global
client base of more than 3500 clients,
approximately 1700 employees and
revenues of more than $400 million.
Mr. Hernandez serves on the board of
directors of HSBC North America Holdings
Inc., the North American holding company
for the consumer lending arm and
principal banking subsidiaries in the
U.S. and Canada of one of the largest
banking and financial services
organizations in the world. He also
serves on the board of directors of HSBC
USA Inc., an indirectly-held
wholly-owned subsidiary of HSBC North
America Holdings Inc. and one of the 10
largest bank holding companies in the
U.S. by assets, and its principal
subsidiary, HSBC Bank USA, N.A. Mr.
Hernandez is a current member of the
board of directors of Avid Technology
Inc. (NASDAQ: AVID), a publicly-traded
company and worldwide leader in
providing tools for film, video, audio,
3D animation, gaming and broadcast
professionals, as well as Unica
Corporation (NASDAQ: UNCA),a
publicly-traded company and leading
global provider of enterprise marketing
management software and services. |
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