Cognotec is known to have faced a similar situation back in 2003. The company then went on to win several major contracts in 2004, even though founder Brian Maccaba’s attention was diverted by a high-profile court case in the UK.
The icing on the cake appeared to come at the end of 2004, when Cognotec started working on a margin trading platform for UBS. Although by this stage Cognotec had successfully developed several other significant relationships, the UBS deal was seen as so lucrative that it became the company’s main area of focus.
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