Fidelity Revamps Institutional Web Site

Fidelity Investments Institutional Brokerage Group has enhanced its investor-level web site, allowing broker/dealers to offer their clients customized views of market information and to make online bill payments, the company announced yesterday.

The enhancements make the site, Mystreetscape.com, one of the first web sites in the clearing industry to allow clients to customize content and page set-up.

"With the brokerage industry more competitive than ever, and with investors increasingly expecting more from their brokerage firms, it is imperative that firms look for new ways to differentiate themselves and better serve their clients," said Pat Jancsy, vice president, Fidelity Investments Institutional Brokerage Group.

As of June 30, 2001, Fidelity’s Institutional Brokerage Group custodied $264.4 billion in assets with nearly 180 correspondent broker-dealers and $53.1 billion in assets custodied for approximately 1,000 registered investment advisors.

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