Broadridge adds QuoteMedia portfolio management tools
16 July 2007 | 1609 views | 0
QuoteMedia (OTCBB: QMCI) today announced that Broadridge Financial Solutions (NYSE: BR), a leading outsourcing services provider to the global financial industry, has contracted with QuoteMedia to provide streaming real-time desktop and wireless portfolio management applications to Broadridge; further enhancing Broadridge's current service offerings to the financial community.
Broadridge's extensive client base is comprised of global banks, retail, institutional and discount brokerage firms, correspondent clearing firms, mutual and hedge funds, investment firms, public corporations and other institutions.
"By incorporating QuoteMedia's portfolio management solutions into our existing offerings, we are able to create a more robust and dynamic offering while expanding the depth of market data content made available to our clients and their customers," said David Swift, General Manager of Broadridge. "With QuoteMedia's superior technologies in place, our clients are better able to provide the timely, in-depth market information their customers require."
Under the terms of the contract, QuoteMedia will provide Broadridge and its brokerage clients with both the Desktop and Wireless versions of Quotestream, QuoteMedia's streaming market data application, offering a broad range of live financial information including streaming stock quotes, interactive dynamic charts, option chains, live market news, corporate research and more.
"Broadridge has a well-earned reputation as a leading provider of technology solutions to the financial services industry," said QuoteMedia Ltd. CEO Dave Shworan. "Broadridge's decision to provide Quotestream to its clients and their customers is not only an important inroad into a new market, but also a significant endorsement of the quality of our offerings."