As the broker-dealer community changes, dealing with through-the-floor commissions and the ballooning costs of compliance and back-office management, so must Firm58.

The Chicago-based financial management software company recently appointed Mike Plunkett to its board of directors, the company announced on Tuesday. The firm is building out its board of directors with an eye toward improving the way it develops middle- and back-office solutions for broker-dealers and other financial services firms.

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