Close Close

Industry Spotlight > Broker Dealers

National Planning Launches Web-Based Order-Entry System

Your article was successfully shared with the contacts you provided.

NU Online News Service, Nov. 3, 2003, 4:55 p.m. EST – National Planning Holdings Inc., Santa Monica, Calif., has introduced Electronic Order Entry, a Web-based system that independent financial advisors can use to generate disclosures, handle trades, track pending transactions and provide information for compliance officers.

National Planning, a company that owns four broker-dealers, wants to use the new order-entry system as the basis for a “paperless office” system that is scheduled to appear by June 30, 2004.

National Planning already uses a single system, Granite, to handle back-office services for its broker-dealers.

National Planning is a unit of Jackson National Life Insurance Company, Lansing, Mich., which, in turn, is a unit of Prudential P.L.C., London.