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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?
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To: StocksMan who wrote (19878)11/18/2002 11:29:21 AM
From: StocksMan   of 20297
 
U.S. Bancorp Piper Jaffray Signs With CheckFree Investment Services

Monday November 18, 9:30 am ET

Minneapolis Broker/Dealer to Run Its Separately Managed Accounts on CheckFree APL

ATLANTA and JERSEY CITY, N.J., Nov. 18 /PRNewswire-FirstCall/ -- CheckFree Investment Services, a division of CheckFree Corporation (Nasdaq: CKFR - News), today announced that U.S. Bancorp Piper Jaffray, the Minneapolis-based broker/dealer, is preparing to go live on CheckFree APL to administer its separately managed accounts (SMA) business. CheckFree Investment Services is the leading provider of outsourced trading, portfolio management, accounting and reporting services to a majority population of broker/dealers and money managers in separately managed accounts.

"Piper Jaffray wants to grow its separately managed accounts business more efficiently, so it came to CheckFree for the scalability and market penetration of our APL platform," said CheckFree Investment Services vice president, Hilary Fiorella. "There is much discussion these days about technology not keeping up with the explosion in SMAs. However, our clients recognize that CheckFree APL keeps them at the forefront of this business with an open, cost-effective platform that scales unlike any other and offers unrivaled sponsor-manager connections. . ."

biz.yahoo.com
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