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In a recent study conducted by Aite Group, NetExchange Pro®, Pershing’s premier online brokerage platform, emerged as the clear leader.
The report entitled, “The Evolution of Correspondent Clearing: Major Players Are Finding Their Niche,” released in April 2008, performs a deep dive on each firm’s brokerage platform specific to core functionality, service, integration capabilities, and relative usability. The four participating firms included Bear Stearns, National Financial, Pershing, and Ridge Clearing.
Pershing ranked number one in all four categories. Referenced below is a sample of quotes extracted directly from the Aite report:
“Based on the cumulative feedback, Pershing led other participants in all categories.”
“From an overall functional perspective, Pershing’s platform is second to none.”
“Pershing offers robust trading tools that frequently take functionality a step further than many of their competitors.”
“Workflow is where Pershing shines brightest.”
Offering sophisticated technology to meet the business needs of our customers has been a top priority of Pershing for decades. The results of this study have reaffirmed that our efforts are achieving the desired results. Contact your home office to learn more.