It became apparent to us that it is a lot easier to provide great technology - as our competitors did - than to replicate a great consultative, advice-giving, advisory force, which Merrill had.
We are looking for development partners, people to work alongside us, which will accelerate our actually getting licences, the technology into product, into the markets.
Ultimately, you get to a point where you want to take the next hill. I really wanted to get back to a role in a technology organization.
The most essential thing for us was to get the business model right, then put the world-class technology under it to support it. At Merrill, that meant not doing what people expected.
Technology has been, and always will be, my one true passion professionally.