Source: Bank of New York
Pershing, a subsidiary of The Bank of New York Company, has begun providing its introducing broker-dealer customers with access to Standard & Poor's MarketSelect.
MarketSelect will be accessible through NetExchange Pro, Pershing's online brokerage platform.
MarketSelect provides investment professionals with a broad array of independent research, analytical tools and market commentary on the global equity and capital markets. Through MarketSelect, Pershing's customers and the investment professionals they serve can access proprietary fundamental analysis on Standard & Poor's top Stars-ranked companies, obtain recommendations and portfolio strategies, and gain perspective on key trends, current opinions and stock picks from Standard & Poor's team of more than 80 equity analysts, market strategists and economists.
Michael Dreher, managing director of product and business development at Standard & Poor's, said, "We are pleased to offer MarketSelect through Pershing's NetExchange Pro platform. As a premier, independent source for equity research, analysis and commentary, we believe our extensive suite of services will help Pershing's customers and their investment professionals make more informed investment decisions."
John Colao, managing director of the technology products and services group at Pershing, said, "We continuously strive to provide our customers and the investment professionals they serve with access to information that helps them to grow their businesses, maximize productivity and mitigate risk. The addition of MarketSelect to our NetExchange Pro platform reflects this focus and reinforces our firm's commitment to deliver industry-leading solutions."
Pershing's NetExchange Pro online brokerage platform is accessed by over 85,000 investment professionals and provides access to a wide array of financial products, services and tools. Through NetExchange Pro, investment professionals can access account information, quotes, investment research, news and third-party content from a wide range of leading providers, including Dow Jones Newswires, BNY Jaywalk, NaviPlan and Standard & Poor's.