HistoryOver the years, Cornerstone has helped airlines, travel-management companies and corporate travel departments dramatically improve the management of travel costs through technology-based solutions. Cornerstone was founded by Mat Orrego primarily providing technology for the Apollo global distribution system. In 1993 developed and marketed the first Windows-based quality control system for Apollo. in 1999 acquired New Media Solutions and introduced iBank, the first fully web-based data consolidation and reporting solution. In 2000 acquired Automated Travel Systems and expanded technology solutions. In 2005 introduced iQCX as fully hosted solution for reservation management. In 2007 launched iBank Analytics. In 2008 released Policy Compliance Manager, a web based application that enables the travel manager to control travel spend prior to the money being spent. In 2013 launched Runup Labs, a new travel technology accelerator.SpecialtiesCornerstone is a technology company helping more than 450 travel management companies, corporate travel departments, and online travel agencies work more efficiently and more profitably. From the creation through the execution and analysis of a travel reservation we deliver technologies that proactively manage the most complex and time-intensive aspects of the reservation and information management processes. Cornerstone was founded in 1992 and is a privately held company based in Bloomington, Indiana.