Gerard Bermingham senior vice president of business strategy for Information Mosaic, wrote that without a defined cutover date, data coexistence could persist indefinitely.
Information Mosaic, a company which provides software for managing corporate actions, is developing an iPad app that it expects to be available near the end of this year, according to Gerard Bermingham, head of strategy at the company.
But other extradited Britons - including so-called NatWest Three banker David Bermingham, who was jailed for 37 months over an Enron-related fraud in a plea deal four years ago - have claimed the system empowers prosecutors as "judge, jury and executioner".