âThese results are a testament to the powerful combination that was formed when ConvergEx and NorthPoint teamed up. Very shortly after the acquisition, we were able to give our clients access to ConvergExâs broad range of proprietary technologies, making NorthPointâs offering the most comprehensive in the prime services industry,â said Douglas Nelson, chief executive officer of NorthPoint Trading Partners. âAnd as ConvergEx continues to roll out more technologies like the recently acquired RealTickÂ® execution platform or the realâtime portfolio margining software from LDB Consulting, NorthPointâs clients can look forward to having an even greater number of state-of-the-art tools at their disposal.â
âThroughout this rapid growth, we have remained committed to maintaining the highest level of customer service and have increased our staff to keep pace,â said Michael DeJarnette, president of NorthPoint Trading Partners. âThis means our clients get the advantage of working with one team, while having access to technologies that offer a substantial edge.â
Founded in 2006, NorthPoint is an industry-leading provider of integrated prime services. Its full suite of technology-based solutions include prime custody, execution solutions, analytics and reporting, capital introduction, research, commission management and start-up services. Since being acquired by ConvergEx in late 2009, NorthPointâs clients also have access to ConvergExâs entire global offering of powerful investment technologies and advanced execution solutions. NorthPoint was recently named a âTop Rated Providerâ in Global Custodianâs 2010 Prime Broker Survey.