AMERICAN CENTURY UP CLOSE

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"As a percentage of overall company expenses and as a percentage of revenue, we do spend more on technology than our competitors," says American Century CTO and senior vice president Bob Sauvageau.

But then, American Century's always been something of a nerd. Chairman and founder James Stowers, Jr. was a disciple decades ago, when the language of the day was Cobol and the name of the firm was Twentieth Century Investors.

In fact, the story of Stowers programming the firm's portfolio analysis

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