Fidelity Seeks Partner To Build Brokerage System Of The Future


Fidelity Brokerage Services Inc. has begun a search for a partner with whom it hopes to collaborate on designing a new retail brokerage support system, including front- and back-office applications. Sources say the brokerage is considering both competing brokerage firms and vendors as possible candidates to share the cost of building the system.

The new system has been dubbed Vantage 20/20 because it is intended to provide support for Fidelity's brokers through the year 2020, according to a s