|
|
Article: Bank Leumi USA Signs Outsourcing Agreement with ADP Brokerage Services Group.
- Article from:
- PR Newswire
- Article date:
- May 2, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK, May 2 /PRNewswire-FirstCall/ -- ADP Brokerage Services Group, a division of Automatic Data Processing, Inc. , announced today that Bank Leumi USA has signed a multi-year agreement for integrated transaction processing and regulatory document delivery services.
(Logo: http://www.newscom.com/cgi-bin/prnh/20021125/NYM018LOGO )
Bank Leumi USA is a subsidiary of Bank Leumi le-Israel, one of the largest banks in Israel. As part of its reengineering efforts to streamline back office operations, Bank Leumi USA selected Brokerage Processing Services (BPS), ADP's back office processing system, to handle its securities processing. The BPS platform is a ...