APCO Systems, Inc. was founded in 1982. APCO supplies a web based trade order management system to the wealth management industry.
The investment managers of a wealth management firm use the APCO System to construct and rebalance their portfolios down to the tax lot level. Sophisticated pre-trade compliance is employed throughout the trade generation process.
The firm's traders then work the orders using the APCO trade blotters which allow them to block across multiple custodians for best execution. Orders are traded electronically and execution results are automatically sent to the custodians, as well as the client's portfolio accounting platform.
Clients have managed anywhere from four billion up to $50 billion on the APCO System.