NorthPoint renamed as ConvergEx Prime Services
02 December 2011 New York
Image: Shutterstock
ConvergEx Group has changed the name of NorthPoint Trading Partners to ConvergEx Prime Services, effective November 30.
鈥淪ince joining ConvergEx in 2009, our organisation has expanded and changed in tremendous ways. The synergies that have been created have made us truly unique in the prime services industry and allowed us to offer our customers differentiated services and powerful technologies that, previously, could only be accessed by the largest institutions,鈥� said Douglas Nelson, chief executive officer of ConvergEx Prime Services. 鈥淥ur new name is a great expression of our company today.鈥�
鈥淭his name change was a logical step in the evolution of this business and it is a reflection of our commitment to growing and developing it as an integral part of ConvergEx Group,鈥� said Joseph Velli, chairman and chief executive officer of ConvergEx Group.
Nelson and Michael DeJarnette, president of ConvergEx Prime Services, will each continue in their respective roles. The business will continue to be based out of Atlanta, Georgia, and all of its clearing and custody arrangements, products, partnerships and projects will continue uninterrupted.
鈥淪ince joining ConvergEx in 2009, our organisation has expanded and changed in tremendous ways. The synergies that have been created have made us truly unique in the prime services industry and allowed us to offer our customers differentiated services and powerful technologies that, previously, could only be accessed by the largest institutions,鈥� said Douglas Nelson, chief executive officer of ConvergEx Prime Services. 鈥淥ur new name is a great expression of our company today.鈥�
鈥淭his name change was a logical step in the evolution of this business and it is a reflection of our commitment to growing and developing it as an integral part of ConvergEx Group,鈥� said Joseph Velli, chairman and chief executive officer of ConvergEx Group.
Nelson and Michael DeJarnette, president of ConvergEx Prime Services, will each continue in their respective roles. The business will continue to be based out of Atlanta, Georgia, and all of its clearing and custody arrangements, products, partnerships and projects will continue uninterrupted.
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