New York, NY - April 5, 2004 - ADP Brokerage Services Group (ADP), a division of Automatic Data Processing, Inc. (NYSE: ADP), announced today that ADP Dataphile was awarded the Pioneer Award at Progress' Annual Americas Partner Kick-Off event in Miami, Florida.
The Pioneer Award was given to ADP Dataphile for delivering its real-time straight through processing solutions to the Canadian market on an ASP basis since 1994, setting a new standard for delivering the highest quality service to their customers. The continued evolution of the ADP Dataphile platform and the ASP model provides Canadian brokers the competitive advantage of the latest technology and support under a manageable and predictable cost structure.
"Winning the prestigious Pioneer Award reaffirms our commitment to deliver new and innovative solutions that meet our client's unique requirements," said Darrell Campfield, Chief Technology Officer, ADP Dataphile. "The cost-effective ASP solution offers our clients flexibility to choose which aspects of their business they want to outsource while we maintain the costs of managing the applications in our world class data facility."
ADP Dataphile is a leading provider of real-time, straight-through processing solutions for Canadian brokerage firms and mutual fund dealers. The company provides investment dealers throughout Canada with a flexible end-to-end product set built on a state-of-the-art technology platform. Its suite of products includes ExeClearÂ®, the real-time brokerage back-office, Rapidphire(tm), the order management system with real-time electronic interfaces to the Canadian and US exchanges, Prophile(tm), the investment advisor's wealth management desktop, and ExenetÂ®, which provides clients with internet access to account information.