US brokerage firm Wall Street Access has chosen Brokat's Individual Investor solution to power its new online trading platform, AccessPoint.
Brokat Individual Investor is a suite of applications which provide financial institutions and brokerage firms with the infrastructure to support online and wireless trading. The solution supports multi-channel delivery and integrates real-time back-office data with market data. Investors can check their accounts and trade stocks, options, fixed income securities and mutual funds using the Internet or telephone.
Denis Kelleher, president and CEO for Wall Street Access, says: "We needed a robust and proven platform to provide a rich array of services and information to our sophisticated traders."
Using Brokat Individual Investor's order handling and administration capabilities, Wall Street Access can customise business rules to determine which orders to execute or review.