Retail stockbroker Edward Jones has upgraded to version 3 of Wilco’s Tarot retail broking and private client investment system for its UK operations.
Edward Jones uses Tarot across its centralised UK back office operations and its growing UK network of approximately 120 branches for the processing of domestic and international equities and collective instruments such as unit trusts.
The firm says the upgrade will enable the company to further improve its international trading capabilities and support higher volumes for corporate actions processing.
The stockbroker recently signed a multi-year contract to continue outsourcing its North American securities transaction processing with Wilco parent ADP.