At the age of 18, George was promoted to Data Processing Manager and began designing systems for Dean Witter’s back-office operations. By 1956 Dean Witter was running on an automated back-office system enabling the quadrupling of their daily trade volumes. Shortly thereafter Mr. Davidsohn realized there was a fervent need for his expertise industry wide. After declining a partnership offer from the distinguished Mr. Witter, Mr. Davidsohn founded Davidsohn Computer Services, Inc. with the goal of providing premier technology solutions specializing solely in the financial industry. Among some of his ground breaking innovations, Mr. Davidsohn designed and built the first computerized margin system thus pioneering automation in the margin area. Additionally renowned for coining the term “Fluid Seg,” he now enabled brokerage firms to track the securities that are freed up – in essence providing them with the power to track securities lending and borrowing. In 1967, Mr. Davidsohn sold Davidsohn Computer Services to Control Data who renamed the company BTSI, which soon after was acquired by Automated Data Processing - resulting in 98% of Wall Street operating off Davidsohn’s technology.
Mr. Davidsohn founded George Davidsohn & Son, Inc. in 1975, unswerving in dedication to his mission to be the preeminent provider of technology services for the financial community. Under Mr. Davidsohn’s meticulous leadership and direction, the firm created his 3rd generation back-office processing system.
During the last fifty-three years, Mr. Davidsohn and his associates have provided diverse services to hundreds of brokerage firms. To date, Mr. Davidsohn has successfully designed and built three full brokerage systems and over the years has installed them in 137 Broker/Dealers.
In January of 2009, Mr. Davidsohn’s guided the formation of Davidsohn Global Technologies, Incorporated with his son Joseph Davidsohn. As Chairman of Davidsohn Global Technologies, Mr. Davidsohn has set the direction for his team of leading experts who are developing the 4th generation of their global back-office processing system. It will be a state of the art 24 hours by 7 days a week system, that will implement regulatory and accounting controls with emphasis on compliance and will be capable of settling transactions around the world.
Mr. Joseph Davidsohn – President and CEO
Mr. Joseph Davidsohn got his start in the securities industry at the very early age of 2 when his father brought him to a board of directors meeting at Wagner Stott & Co, Inc. From that point on Mr. George Davidsohn, Dad, routinely brought Joseph into the office to learn the industry literally, from the ground up.
Joseph’s first summer job was as a Junior Clerk on New York Stock Exchange Floor and was followed by annual summer experiences employed in various fields by major financial firms like Merrill Lynch Professional Clearing and Morgan Stanley & Co., Inc. After completing his formal education overseas, Joseph joined George Davidsohn & Son, Inc, in the Marketing and Public Relation arena. It wasn’t long after, that he began taking initiatives in product development upholding the company legacy of creating user friendly automated financial applications.
In 2007, Joseph assumed the position of President and CEO of George Davidsohn & Son, Inc. and ambitiously introduced new ground breaking technology and business initiatives like “Davidsohn Software On-Demand” which allows the user access to financial applications and systems with little or no capital investment in hardware, increasing users’ functionality thereby reducing operating costs and supporting an overall improvement in their Return of Investment. In January 2009 Joseph changed the name of the company to Davidsohn Global Technologies, Inc. to align the company with its current focus in providing preeminent technology equipped global operations functionalities to the financial industry. Inspired by his Dad, the founder’s, staunch commitment to excellence, Joseph has set goals for the company which will revolutionize the financial industry technology industry.
Mr. Luciano Cintron, MDRP Chief Operating Officer:
Mr. Luciano Cintron has 30 plus years of experience in finance; technology design and development; mergers and acquisitions; and management. Mr. Cintron has applied over 19 years of working experience in several global technology organizations, including Global Securities Technology at Merrill Lynch & Company, Inc., to lead the operational structure of Davidsohn Global Technologies, Inc. Some of his major accomplishments include the expansion of securities processing into London, Tokyo and Sydney. His concentrated areas of focus are in corporate information security; global business continuity planning; infrastructure management; global clearance & settlement; global stock lending; global risk & margining, corporate finance, auditing and technology mergers and acquisitions.
His career interests continue to be that of superior leader in the innovation of financial and business applications, technology architecture, information security, business continuity, finance and management. Mr. Cintron is most noted for leading the development of global automated solutions within the financial industry, as well as for developing technical solutions for state and local governmental agencies and the legal industry. In addition, he developed the first 401K program for the New Jersey Casino industry, built the first mesh inventory calculation engine for the Mail Order and Recording industries and co-led the development of relational databases, discretionary access controls and project management tools. As a senior manager, Luciano has held positions with Merrill Lynch, Price Waterhouse/Coopers, IBM, The Metropolitan Opera and Installation Management Systems and is the past President of Cindata, a Technology Management Consultation firm servicing the legal industry.
Luciano launched his career in the technology industry while serving in the United States Army Special Forces. Luciano is a Veteran of the Vietnam War.