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Penson Expands Partnership with Improving2008.05.30 Penson Financial Services, Inc. has decided to expand its partnership with Improving Enterprises, Inc. After more than a year of providing successful consulting services, PFSI has engaged Improving to provide leadership and business oversight to several new projects. The expansive success of Penson, a leading provider of execution, clearing, settlement, custody and technology products and services to the global financial services industry, has resulted in their need to refine and enhance many of their processes and systems.Penson Financial Services, Inc. has decided to expand its partnership with Improving Enterprises, Inc. After more than a year of providing successful consulting services, PFSI has engaged Improving to provide leadership and business oversight to several new projects. The expansive success of Penson, a leading provider of execution, clearing, settlement, custody and technology products and services to the global financial services industry, has resulted in their need to refine and enhance many of their processes and systems. Additionally, Improving Enterprises continues to impact processes that are defined and implemented by the Project Management Office for use on all strategic projects. The team will also provide coaching and mentorship for the team of business analysts as part of the engagement. The overall process improvement is in step with Penson’s outstanding growth and revenue that has occurred over the last two fiscal years. “Our people are delighted to be a part of this firm’s growth, success, and innovation,” said Curtis Hite, Improving’s Chief Executive Officer. “It’s nice to see our expertise in these areas—business analysis and project management—being used in these types of real-world, real-time solutions.” Additionally, Improving Enterprises continues to impact processes that are defined and implemented by the Project Management Office for use on all strategic projects. The team will also provide coaching and mentorship for the team of business analysts as part of the engagement. The overall process improvement is in step with Penson’s outstanding growth and revenue that has occurred over the last two fiscal years. “Our people are delighted to be a part of this firm’s growth, success, and innovation,” said Curtis Hite, Improving’s Chief Executive Officer. “It’s nice to see our expertise in these areas—business analysis and project management—being used in these types of real-world, real-time solutions.” About Penson Worldwide:The Penson Worldwide group of companies provides execution, clearing, custody, settlement and technology infrastructure products and services to financial services firms and others servicing the global financial services industry. The Penson Worldwide group of companies includes Penson Financial Services, Inc., Penson Financial Services Canada Inc., Penson Financial Services Ltd., Nexa Technologies, Inc., Penson GHCO, First Capitol Group, LLC and Penson Asia Limited, among other companies. Headquartered in Dallas, Texas, Penson has served the clearing needs of the global financial services industry since 1995. Penson is the Flexible Choice in Global Financial Services. |

