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Eric Clarke rolls the API dice by posting Orion software's code online

By putting 50,000 lines of code all on GitHub, the Orion exec risks giant intellectual capital giveaway -- but the upside is tremendous, observers say

Thursday, May 8, 2014 – 2:57 AM by Brooke Southall
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Eric Clarke: It's an open source thought process that will have some calling us crazy.

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Riskalyze replaces Lori Hardwick with Laurie Schultz at board chair and publicly tells her -- and the RIA industry -- it's moved the goalposts to a $1-billion valuation

The Auburn, Calif., firm's new chair already took one risk software firm to unicorn status and promises to 'do what it takes.'

November 24, 2021 – 11:12 PM

Lori Hardwick steps down as AI Labs president and steps up as a gunslinging paladin for Riskalyze and other firms in new gig economy consulting role

The co-founder went to the Tiburon CEO Summit in April and came away with four big consulting gigs that morphed into a new career

June 13, 2019 – 2:48 AM

After Riskalyze raised a pile of cash, it went shopping for a chief technology officer and found him at Apex Clearing

The Auburn, Calif., risk software maker is undergoing a shift to enterprises and nabs Josh Gray from the Dallas firm.

August 10, 2022 – 2:25 AM

Noreen Beaman steps down as president of Orion Advisor Solutions after Brinker migrates to Orion software and enterprise deals 'prove out'

The former Brinker CEO oversaw an 18-month transition of her then $26-billion TAMP and will remain as vice chair of the company after 'mutual' decision on role changes.

February 10, 2022 – 2:22 AM

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Mentioned in this article:

MoneyGuidePro
Financial Planning Software
Top Executive: Bob Curtis

Redtail Technology
CRM Software
Top Executive: Brian McLaughlin

Riskalyze
Tech: Other
Top Executive: Aaron Klein




Terence Hong

Terence Hong

May 11, 2014 — 3:10 PM

As an engineer, I’ve always admired Eric’s open-mindedness when it comes to focussing on core competencies. He’s taken this to another level by creating a public API. I think that software providers in this industry should embrace this attitude, which has proven to be tremendously beneficial for web-related technologies.

This essentially means saying, “I am not as good as you at doing X, but we are the best at doing Y. Therefore, if you do X, and I do Y, we will all be better for it.”

Non-technical, business types should take this as meaning, “We can focus on what we do best, and spend less R&D money on trying to do what someone else has already perfected.”

As you can imagine, recreating your own version of Facebook or LinkedIn merely to provide social capabilities would be utterly pointless.

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