ConvergEx Announces Strategic Alliance with the Marwood Group

NEW YORK, May 20 /PRNewswire/ -- ConvergEx Group, a leading provider of investment technologies and execution solutions to institutional clients worldwide, today announced that it has entered in to a strategic alliance with the Marwood Group, a healthcare advisory and financial services firm based in New York.  Through the agreement, clients will be able to use ConvergEx's industry-leading execution technologies to generate credits for Marwood's sought after healthcare research.

"ConvergEx has committed itself to building imaginative and innovative investment technologies that their clients have come to value tremendously," said Edward Kennedy Jr., President and co-founder of the Marwood Group. "We are very pleased to introduce our clients to ConvergEx so they will benefit from the access to Wall Street's largest aggregator of soft-dollars as well as their advanced, global capabilities."

"We are honored to be able to form this agreement with the Marwood Group," said Joseph M. Velli, chairman and chief executive officer of ConvergEx Group. "Their clients understand the difference high-quality investment products make and we look forward to working with them and offering our customized technologies and services."

ConvergEx Group is a leading financial technology company that provides investment technologies and execution solutions in over 100 global markets.  The combination of its sophisticated proprietary technologies and vast global markets expertise enables the firm to present a unique offering in an evolving, competitive marketplace.  Its 6,000 institutional clients include many of the world's most prominent asset managers, hedge funds, corporations, plan sponsors, broker-dealers and financial intermediaries. Formed in 2006, the firm has over 1,000 employees in 22 locations throughout the U.S., Europe, Asia, Australia and Africa.

BNY ConvergEx Group, LLC is comprised of the following businesses: BNY ConvergEx Execution Solutions LLC (member NYSE/FINRA/SIPC), LiquidPoint, LLC (member CBOE/SIPC); Eze Castle Transaction Services LLC (member FINRA/SIPC); Westminster Research Associates LLC (member FINRA/SIPC); G-Trade Services LLC (member FINRA/SIPC); NorthPoint Trading Partners, LLC (member FINRA/SIPC); Eze Castle Software LLC, and ConvergEx Research Solutions LLC, of which Jaywalk and Cogent Consulting are divisions.   Additional information is available at www.convergex.com.

SOURCE ConvergEx Group

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED