ADP Signs Outsourcing Contract with National Investor Services
Filed in archive Outsourcing News on May 11, 2005
US-based ADP will provide outsourcing services for National Investor Services, a TD Waterhouse affiliate.
Under the long-term contract, ADP will carry out clearing and custody related functions for the financial firm. The company will use an Operations Outsourcing product designed to outsource operational functions (trade clearance, settlement and custody) with little impact to customers and registered representatives.
National Investor Services is the second company to set up ADP's Clearing and Outsourcing Services. Last November, brokerage firm Murphy & Durieu subcontracted clearing and settlement of equities and fixed income transactions to ADP.
Tags: outsourcing finance signs services contract investor+services national+investor signs+outsourcing
Vote for ADP Signs Outsourcing Contract with National Investor Services:
|
Rating: 6.00 out of 1 vote(s) cast.
|
Most Popular
Basics
Believe It or Not
Best of
Best Practice
Did you know
Information about
Intelligence
Misc
Opinions & Insights
Outsourcing Advisors
Outsourcing Issues
Outsourcing News
Outsourcing Pros and Cons
Outsourcing Suppliers
Quick introduction
Resources
The Lighter Side of Outsourcing