Penson Financial Services Ltd. (PFSL) is the number two clearing services provider in the UK as measured by number of correspondents. With a focus on client service delivery in a market that has become frustrated by suppliers who fail to deliver, we provide a broad range of products and services, such as global execution, settlement, clearing, custody and securities financing, as well as regulatory and compliance reporting.
PFSL's goal is to provide the appropriate services to meet the particular needs of its correspondents, whether they are an established institutional or retail firm, a proprietary trading business, market maker, wealth manager or a new business that is just getting started. Using the global technology base and scale of Penson Worldwide and its market expertise, PFSL has the ability to reliably deliver tangible advantages to our clients including lower operating costs, lower liquidity requirements, flexible services and more efficient processes.