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QuoteMedia To Be Primary Supplier Of Comprehensive Market Data To Fiserv Securities
SecurityProNews
Staff Writer
2004-08-30
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QuoteMedia announced today a two-year agreement to be the primary supplier of comprehensive market data to Fiserv Securities, Inc. and the firm's client base of over 180 correspondent brokerages and their investor clients.
Fiserv Securities is a leading national provider of retail and institutional clearing/execution services and integrated brokerage processing to securities brokerage affiliates of banks and independent broker/dealers and a subsidiary of Brookfield, WI based Fiserv..
With a client base of more than 15,000 firms worldwide, Fiserv, Inc. is a leading source of information management solutions for the financial industry, reporting $2.7 billion in processing and services revenues for 2003.
"It is vital that we meet the needs of our clients by obtaining the best possible financial data solutions, and QuoteMedia has proven to be the ideal choice," said Robert Forker, Vice President of Product Development for Fiserv Securities, Inc. "Our goal was to work with a single market data provider for all of our financial information requirements. We were attracted not only by QuoteMedia's ability to provide a tremendous range of real-time and delayed market data products, but also QuoteMedia's flexibility in working with us to produce customized systems to meet our needs, and those of our clients."
"We are honored to have Fiserv Securities choose QuoteMedia as their primary data provider," said QuoteMedia CEO Dave Shworan. "Fiserv Securities has a well-earned reputation for ensuring that its clients experience the optimum in technological excellence, and we are pleased that our products offer the control, reliability and total customization that they require."
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