Penn. TPA Beefs Up Trading Capabilities

April 24, 2009 ( - Ascensus, the Dresher, Pennsylvania, recordkeeper and benefit administrator, has expanded its trading capabilities, the company announced.

An Ascensus news release said the enhancements will allow for new trading interfaces to be built more quickly.

The company is now able to offer a more expansive investment platform, including share-traded exchange-traded funds (ETFs) along with a more integrated custodial solution through Frontier Trust Company, a division of Ascensus. The new platform will provide financial advisers the flexibility to deliver a more customized investment program to their clients, the company said.

“With more robust trading capabilities, we are not only delivering greater choice and more tailored solutions, but better positioned to respond to a changing retirement landscape,” said Bob Guillocheau, Ascensus president, in the announcement.