Penson Takes New Technology For Clearing Service
LONDON-Clearing services provider Penson Financial Services has added new staff and a new technology solution, giving more flexibility to its clients and improving data processing.
The new system is a result of the UK subsidiary of Penson Worldwide focusing on reviewing its products and services, an initiative started in mid-2005. Alan Philpot, chief executive of Penson Financial Services, says the new front-end agnostic solution includes multiple data feeds and can take messaging in real-time
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