SunGard says that Chicago-based online brokerage firm optionsXpress Holdings, Inc. has completed its implementation of their Phase3 multi-asset, multi-currency securities processing application, in connection with the firm’s conversion to self-clearing all of its customer trades.
“Phase3 provides the real-time processing we require for our browser-based online brokerage application, while also supporting our volume growth,” says David Fisher, the chief financial officer at optionsXpress.
“Customers today are looking for the best overall experience, and this includes selecting a brokerage that combines outstanding customer service, innovative tools and a broad range of offerings,” adds David Kalt, the chief executive officer of optionsXpress.