Gartner Research

Product Review: ADP Brokerage Processing Services

Published: 12 December 2006

ID: G00144804

Analyst(s): James Wolstenholme

Summary

ADP's Brokerage Processing Services is ADP's Brokerage Services Group service bureau offering of a real-time North American securities processing, clearing, reconciliation, settlement, and accounting system for proprietary and agency brokerage firms.

Table Of Contents
  • Company Background
  • Product Overview: ADP BPS
  • ADP GPS
    • ADP BPS Functionality
    • Account Management
    • Cash Management
    • Clearance and Settlement
    • Corporate Actions
    • Year-End Statements
    • Transactional Data Input
  • Additional Features
    • Fixed-Income Processing
    • User-Driven Parameters
    • BPS Advantage Database
    • ADP Workflow Solution
    • Product Structure
    • Competitors
    • Pricing and Implementation
  • Product Strategy
  • Strengths
  • Challenges
  • Consider This Product When
  • Consider Alternatives When

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