Craig-Hallum Re-Signs With Incumbent ADP; Expects Big Savings

THIS WEEK'S LEAD STORIES

Craig-Hallum Inc., a Minneapolis-based brokerage, is migrating its quote terminal population to Automatic Data Processing Inc.'s FS Partner Advanced Function from its old ADP FS One. The firm expects the upgrade to downgrade its monthly bill to ADP by between 10 and 15 percent.

Craig-Hallum plans to install FS Partner AF at 110 primarily retail-broker positions at three sites: its Minneapolis headquarters, and branch offices in the Minnesota cities of Edina and Wayzata. Craig-Hallum expects t

To continue reading...