The Remarks Of Speaker Sheldon Silver

Grand Opening Of JP Morgan Chase Technology Center

Syracuse University, Lyman Hall Lobby
Tuesday, October 6, 2009

[As Prepared For Delivery]

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Speaker Sheldon Silver (Center) celebrates the grand opening of the JP Morgan Chase Technology Center on the Syracuse University Campus with Frank Bisignano, chief administrative officer, JP Morgan Chase (left) and Syracuse University Chancellor Nancy Cantor. As the Assemblyman who represents Wall Street, Silver noted the importance of the financial services industry to New York State and to our national economies. Silver says the opening of this new center shows the vision necessary to keep New York the World’s Financial Capital.

Financial Industry Key to NY Economy
Center Promising For Upstate Job Creation
Keep NY World Financial Capital
Thank you, Chancellor Cantor, for your generous introduction. It is good to see you again and it is a pleasure to be back on the campus of Syracuse University, an outstanding institution of higher learning and innovation that is a great source of pride for all New Yorkers and a symbol of the great institutions that exist in the State of New York.

Chancellor Nancy Cantor. Frank Bisignano. Assembly Member Bill Magnarelli. Assembly Member Joan Christensen. Darlene Kerr. Rob Simpson. Elected Leaders. Distinguished Guest. Members and Friends of "S.U."

On behalf of my colleagues, Assembly Members Bill Magnarelli, Joan Christensen, Al Stirpe (who could not be with us today), and the entire New York State Assembly, let me offer our congratulations to my friends, Chancellor Nancy Cantor and Frank Bisignano, on the grand opening of the JP Morgan Chase Technology Center here at Syracuse University.

Let me also express my personal gratitude for inviting me to take part in the ribbon-cutting for this center as it is clearly within our vision of the partnerships you spoke about earlier

I am convinced that this new curriculum in global enterprise technology demonstrates just the sort of vision that is necessary for New York to remain in the forefront of the financial industry.

For lack of a better word, it is staggering to think how much our financial services industry has changed in the 28 months since this "first-of-its-kind" university/industry partnership was unveiled.

While technology has been changing the way we do business for some time now, I cannot imagine a better time for such a collaboration or a better time to begin shaping the financial leaders and innovators of tomorrow.

That said, I am proud that Syracuse University and JP Morgan Chase have maintained their commitment to this program and to this new technology center despite this challenging economy.

I am the assemblyman who represents Wall Street. I know how important the financial services industry is to our state and to our national economies and I am resolute in my commitment to keeping New York State the financial and business capital of the world and the "number one" location for financial industry jobs and opportunities.

As Speaker of the Assembly, a Body that has long acted to encourage public/private university-based partnerships as a way to build our economy and create jobs, particularly here in Upstate New York, I am delighted that these two prominent and historic New York institutions are working together to foster innovation, to put scholarship into action, and to create financial services I.T. jobs and business opportunities right here in Central New York.

I look forward to the advancements that the Syracuse University/JP Morgan Chase Technology Center will bring to our state. Let me extend to you, Chancellor Cantor, my heartfelt congratulations. I look forward to celebrating with you the many innovations and accomplishments this center will generate as we go forward.