Franklin Resources of San Mateo, Calif., adviser to the $218 billion Franklin Templeton complex of mutual funds, is getting serious about technology. With a new head of technology, the company has made a major financial and company-wide commitment to develop improved systems.
Allen J. Gula joined the company Sept. 1 as senior vice president and chief information officer. His number one goal is to lift Franklin's technology to a new level. His plan is to use technology to make Franklin more efficient, and competitive.