Edgar, Dunn & Company

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Edgar, Dunn & Company

Type of Company	Corporation
Founded	1978
Headquarters	6 offices in 4 countries
Key people	David Poe, CEO
Industry	Management consulting
Products	Management consulting services
Revenue	Not disclosed
Employees	About 40 consultants
Slogan	no official slogan
Website	www.edgardunn.com

Edgar, Dunn & Company (EDC) is a global management consulting company, focusing on the financial services industry. The company was founded in 1978, and currently has offices in San Francisco, London, Atlanta, New York City, Sydney and Frankfurt. The firm specializes in the payments industry.

[edit] History

In September, 1978, Jim Edgar, Peter Dunn, and Todd Conover left Touche Ross & Company and along with a few other individuals, founded Edgar, Dunn & Conover in San Francisco, California. The firm began as a general management consulting firm, but through early work done with an international card association and with several West Coast banks, the firm quickly developed a specialization in payments and financial services. After Todd Conover left the firm to become head of the US national banking system as Comptroller of the Currency, the firm was re-named Edgar, Dunn & Company. EDC was sold to ICF in 1990, but it was re-purchased by the original partners and re-formed in 1992. At the same time, the Atlanta office was opened.

From 1992 - 2000 EDC continued to expand as clients asked for consulting support in Europe and Asia. The firm’s London and Sydney offices were opened in 1992 and 1996 respectively, and through these offices the firm emerged as a global provider of consulting services to the payments and financial services industry.

In August, 2000, the firm was acquired by AppNet to achieve scale through a broader set of consulting services, and very shortly thereafter, AppNet was acquired by Commerce One. After 14 months, the firm implemented an MBO to re-emerge as Edgar, Dunn & Company with a strong focus on financial services and payments. The firm acquired Co-Brand Dynamics, now PaymentDynamics, in the fall of 2003. PaymentDynamics gives the firm a unique insight into customer attitudes and behavior related to their payment decisions, along with a New York office. In December 2004, the firm’s Frankfurt office was opened to meet the needs of clients in Germany and Eastern Europe.