When Penson Financial Services Limited (PFSL) selected Syn~, the clearing and settlement solution of a relatively small software vendor, Coexis, in 2005, “some people thought we were mad”, says Alan Philpot, CEO of PFSL. It was, he believes, among the riskier of the options PFSL was considering at the time, but it appears to have reaped the benefits since.
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Published: 31/07/2009
When Penson Financial Services Limited (PFSL) selected Syn~, the clearing and settlement solution of a relatively small software vendor, Coexis, in 2005, “some people thought we were mad”, says Alan Philpot, CEO of PFSL. It was, he believes, among the riskier of the options PFSL was considering at the time, but it appears to have reaped the benefits since.