Deals & People January 23, 2007
Pershing Teams with PriceMetrix, Inc
Pershing LLC has formed an alliance with PriceMetrix Inc. that will help Pershing’s introducing broker-dealer customers better evaluate their businesses and identify growth opportunities.
Reported by Alison Cooke
The alliance will help introducing broker-dealers help their representatives maximize productivity because they will get access to PriceMetrix’s specialized reports. These reports help such firms: analyze sales and market intelligence data, develop tailored marketing campaigns, receive consultative advice surrounding commission structures, discount sharing programs and compensation plans, and use a variety of value-added productivity tools such as online calculators and best practice case studies, the company said.
Pershing, a provider of clearing and financial services outsourcing solutions to institutional and retail financial organizations and independent investment advisors, is a subsidiary of the Bank of New York Company, Inc.
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