Penson Worldwide, Advent Build a Bridge

RETAIL TRADING TECHNOLOGIES

DALLAS—For broker-dealer firms that have investment management operations, Penson Worldwide and Advent Software have a new link, slated to debut this week, that is intended to help them improve their client service efforts, officials tell DWT.

Penson Worldwide, which provides execution, clearing, custody and settlement services, has completed an interface to Advent Software’s Advent Custodial Data (ACD) service, says Doug Throckmorton, vice president, institutional client services

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