Technology >> Analyst Interviews >> October 18, 2010

Secular Growth Creates Opportunity For Trans. Processors – Jamie Friedman – Susquehanna Financial Group Lllp

Jamie Friedman is a Senior Analyst and leads the global business services team at Susquehanna Financial Group LLLP. He specializes in emerging markets, including China, India and the Philippines, with a focus on IT outsourcing, credit card transaction processing and software. Before joining Susquehanna, Mr. Friedman was a Senior Analyst at Goldman Sachs, where he was part of the number two ranked software and services team from 1998 to 2001. Mr. Friedman trained under Rick Sherlund, the Lead Analyst on the Microsoft IPO, and was promoted to Vice President. He ranked among the top three in the 2006 Wall Street Journal annual analyst survey for his coverage of business services, with two of his recommendations, Satyam and Infosys, returning 52% and 36%, respectively. In 2007 Mr. Friedman earned votes from more than 80% of the largest global/U.S. mutual funds, including Fidelity, T. Rowe Price and Capital Group. He is a graduate of Columbia University (B.A./M.A.) and Columbia Business School (MBA). Profile
TWST: You cover transaction processors. Who is included in that group?

Mr. Friedman: I do Visa (V) and MasterCard (MA), American Express (AXP), Global Payments (GPN), Heartland Payment (HPY) and Total