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Mutual Fund Initiative Earns Scottrade a Spot on the InformationWeek 500ST. LOUIS --(Business Wire)-- Expanding its mutual fund offering placed Scottrade among the top mutual fund providers in the brokerage industry. It also earned the firm a spot on the InformationWeek 500 - an annual ranking of the nation's most innovative technology organizations. In addition to offering customers more than 14,500 mutual funds - one of the widest selections available - Scottrade streamlined its mutual fund operations and implemented controls that safeguard customers. Scottrade customers can now choose from the most popular fund families and more than 3,000 no-transaction-fee funds. "Our IT associates consistently raise the bar when delivering the innovation and products our investors rely on everyday to achieve their financial goals," said Scottrade Chief Information Officer Ian Patterson. "Ranked as a top technology innovator represents not only our IT associates' efforts in the mutual fund initiative, but their daily commitment to providing a reliable investing experience for our customers." More than just adding mutual funds, Scottrade enables customers to find educational resources and online trading tools to help them determine which fund is right for them. Among Scottrade's mutual fund research is:
2010 marks the fourth consecutive year Scottrade has received the InformationWeek 500 recognition.
"For 22 years, the InformationWeek 500 has honored the most innovative users of business technology," said InformationWeek Editor In Chief Rob Preston. "As we start to emerge from the worst recession in decades, the IT focus is now on driving growth - new sources of revenue, new relationships with customers, even new business models. This year's ranking placed special emphasis on those companies and business technology executives leading that charge." InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing and also tracks the technology, strategies, investments and administrative practices of America's best-known companies. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders. The 2010 InformationWeek 500 companies were revealed on September 14, 2010 at an awards ceremony held during the InformationWeek 500 Conference. Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/. About Scottrade As a leading online investing firm, Scottrade offers a full line of investment products, online trading services and market research tools to help investors take control of their financial future. Founded in 1980, Scottrade is dedicated to personalized customer service and value, providing customers the convenience of buying many stocks online at just $7 per trade and the support of the largest branch network among online investment firms, with more than 475 nationwide branch offices. Scottrade has been named one of FORTUNE magazine's "100 Best Companies to Work For" in America for three consecutive years. For more information, visit www.scottrade.com and follow us on Facebook, Twitter, YouTube and Flickr. About InformationWeek Business Technology Network (http://www.informationweek.com/) The InformationWeek Business Technology Network provides IT executives with unique analysis and tools that parallel their work flow - from defining and framing objectives through to the evaluation and recommendation of solutions. Anchored by InformationWeek, the multimedia powerhouse that looks across the enterprise, the network scales across the most critical technology categories with online properties like DarkReading.com (security), IntelligentEnterprise.com (application architecture), NetworkComputing.com (networking and communications) and PlugintotheCloud.com (cloud computing). The network also provides focused content for key IT audiences, such as CIOs, developers, SMBs and IT Support Managers via InformationWeek Global CIO, Dr. Dobb's, InformationWeek SMB, and HDI respectively, as well as vital vertical industries with InformationWeek Financial Services, Government and Healthcare sites. Content is at the nucleus of our information distribution strategy, and the network provides a deep and rich portfolio of decision-making tools and peer based research through InformationWeek Analytics, the leading service for peer-based IT research and analysis. IT professionals turn to our experts and communities to stay informed, get advice and research technologies to make strategic business decisions. The InformationWeek Business Technology Network is part of UBM TechWeb (News - Alert).
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