Penson signs up with Broadridge
30 May 2011 Toronto
Image: Shutterstock
Penson Financial Services Canada Inc. is now operating live on Broadridge Canada鈥檚 Brokerage Processing Services (BPS庐) solution and investor communication solutions for its securities processing and brokerage accounting businesses. In addition to these solutions, Broadridge is also providing its leading edge, fully customizable Business Process Outsourcing services to provide enhanced operational efficiencies and flexibility.
Broadridge has worked very closely with Penson throughout the entire conversion process and, in response to Penson鈥檚 requirements, has further extended its breadth of processing and investor communications capabilities to include a wide range of new enhancements.
Broadridge鈥檚 enhancements for securities processing include: enhanced correspondent services, holiday processing, additional French language support, and the integration of Broadridge鈥檚 Aspire庐 2.0 Wealth Management Broker Desktop for real-time connectivity with Penson鈥檚 Advanced Order Management service.
Penson is also utilizing Broadridge鈥檚 investor communication services. Its enhanced solutions for Penson include Smart Prospectus庐, electronic Smart Prospectus (eSP Lite), Trade Confirmations, Tax Forms Plus and PostEdge庐 for document and report archival.
The availability of these new enhanced offerings continues Broadridge鈥檚 focus on further extending the solutions available to its customers, and its ability to deliver the benefits of increased operational efficiencies and reductions in costs.
John Skain, President and Chief Executive Officer, Penson Financial Services Canada Inc., said: 鈥淧enson sees significant benefit in the technology and operational efficiencies that Broadridge offers. The move to Broadridge allows Penson to offer a wider range of products and services to our customers. Penson is committed to providing greater choice and flexibility in the services our customers expect.鈥�
Michael Dignam, President, Securities Processing Solutions, Canada, Broadridge, said: 鈥淎s the leading financial services solutions provider in the Canadian marketplace, Broadridge is pleased to provide a full range of products and services in support of Penson鈥檚 business.鈥�
Broadridge has worked very closely with Penson throughout the entire conversion process and, in response to Penson鈥檚 requirements, has further extended its breadth of processing and investor communications capabilities to include a wide range of new enhancements.
Broadridge鈥檚 enhancements for securities processing include: enhanced correspondent services, holiday processing, additional French language support, and the integration of Broadridge鈥檚 Aspire庐 2.0 Wealth Management Broker Desktop for real-time connectivity with Penson鈥檚 Advanced Order Management service.
Penson is also utilizing Broadridge鈥檚 investor communication services. Its enhanced solutions for Penson include Smart Prospectus庐, electronic Smart Prospectus (eSP Lite), Trade Confirmations, Tax Forms Plus and PostEdge庐 for document and report archival.
The availability of these new enhanced offerings continues Broadridge鈥檚 focus on further extending the solutions available to its customers, and its ability to deliver the benefits of increased operational efficiencies and reductions in costs.
John Skain, President and Chief Executive Officer, Penson Financial Services Canada Inc., said: 鈥淧enson sees significant benefit in the technology and operational efficiencies that Broadridge offers. The move to Broadridge allows Penson to offer a wider range of products and services to our customers. Penson is committed to providing greater choice and flexibility in the services our customers expect.鈥�
Michael Dignam, President, Securities Processing Solutions, Canada, Broadridge, said: 鈥淎s the leading financial services solutions provider in the Canadian marketplace, Broadridge is pleased to provide a full range of products and services in support of Penson鈥檚 business.鈥�
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