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QUOTRON'S SIS WINS EMMETT A. LARKIN TRADE PROCESSING CONTRACT

 NEW YORK, Nov. 18 ~PRNewswire~ -- Securities Industry Software Corporation (SIS), a subsidiary of Quotron Systems, Inc. and Emmett A. Larkin Company, Inc. today announced that Emmett Larkin has selected SIS to provide order management and brokerage processing services. Larkin has signed a five-year service bureau contract with SIS to serve the firm's retail and clearing operations, replacing its current vendor.
 Emmett A. Larkin Company, Inc., a minority-owned firm, offers clearing services for over 100 correspondents, and it also provides retail brokerage services through its Beckman division. The San Francisco-based firm is a member of the NASD and the Pacific Stock Exchange, and is a distributor and dealer in stocks and corporate and municipal bonds. Larkin operates 25 offices, mainly in northern California.
 Gordon Hing, president of Larkin, said "With the increasing technological changes being introduced to the securities industry, Emmett A. Larkin Company felt that SIS provided the best means to help us keep pace with our current and future needs."
 SIS President, James Steinke, commented "We strive to maintain the best securities processing system in the industry. Larkin was looking for better technology and more productivity in order to support future business directions. The SIS team will work closely with Larkin staff to make sure that these objectives are met."
 Steinke also noted that SIS has recently added additional functionality to the system which will directly benefit its new client. As a firm which clears for other brokers, Larkin will be able to take advantage of recent changes to the system which allow more correspondent-specific reporting and more control options at the correspondent level.
 Through its subsidiary, Securities Industry Software Corporation, Quotron offers flexible, real-time integrated services for accounting, order management, trading and other brokerage operations. Quotron Systems, Inc., a subsidiary of Citicorp, is a leading global provider of financial information and trading systems. The company delivers online, real-time equities, options and commodities quotes for more than 120,000 investment instruments from over 60 exchanges worldwide; foreign exchange and fixed-income rate data; news; research; analytics; dynamic color charting; networking services and broker productivity applications.
 -0- 11~18~92
 ~CONTACT: Gordon Hing of Emmett A. Larkin Company, Inc., 415-986-2332; or Roxanne Taylor of Quotron Systems, Inc., 212-898-7212~


CO: Securities Industry Software Corporation; Quotron Systems, Inc.;
 Emmett A. Larkin Company, Inc. ST: New York IN: SU: CON


TS-LR -- NY011 -- 2200 11~18~92 09:26 EST
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Publication:PR Newswire
Date:Nov 18, 1992
Words:395
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