QuoteMedia, Inc. (QMCI.OB) Signs Enterprise Agreement with TradePMR

on June 03 2009 3:59 AM

QuoteMedia, Inc., a leading provider of market data, corporate research information and financial applications, today announced that it has entered into an enterprise agreement with TradePMR, Inc., a major provider of brokerage and custody services to the financial services industry. TradePMR will integrate a wide array of QuoteMedia’s offerings into its eCustody platform, which is currently used by 420 independent RIA firms for use by their investment advisors.

QuoteMedia will provide raw quote and research data via its DataFeed solutions, and an extensive array of content and research products. In addition, TradePMR will provide its clients with QuotestreamTM Professional and Quotestream Wireless, QuoteMedia’s streaming real-time portfolio management system for brokers and financial advisors.

“In order to maintain and improve our competitive position, it is vital that we continue to provide our clients with unmatched market and research information, timely data, technological excellence and the highest level of customer service. By incorporating QuoteMedia’s market solutions into our new and existing offerings, we are able to go the extra step in creating an outstanding offering for our clients,” stated Robb W. Baldwin, President and CEO of TradePMR. “With QuoteMedia’s superior technologies and breadth of market coverage, we are able to expand the depth of our financial data content to provide the timely, in-depth market information our clients require.”

“We are very pleased to be partnering with TradePMR,” commented Dave Shworan, CEO of QuoteMedia Ltd. “TradePMR has a well deserved reputation for providing brokerage firms and financial advisers with the information, technology and support they need to manage clients’ investments effectively and grow their business efficiently. Certainly this agreement represents a major growth opportunity for QuoteMedia, particularly with respect to increasing market acceptance for Quotestream Professional. To have a company like TradePMR choose to incorporate our solutions in such a wide-ranging manner represents a major endorsement of the quality of our offerings, and this is especially gratifying.”

Let us hear your thoughts: QuoteMedia, Inc. Message Board