Abstract

AbstractIT & Technology (MIC: 10.2 SIC: 7374 NAIC: 518210)Automatic Data Processing in engaged in providing technology‐based outsourcing solutions. Co.'s segments are: Employer Services — human resource information, payroll processing and benefit administration products and services; Brokerage Services — transaction processing services, desktop productivity applications and investor communications services; Dealer Services — dealer management systems and business solutions to vehicle retailers and manufacturers; and Securities Clearing and Outsourcing Services — execution, clearing, and customer financing, securities borrowing to facilitate short sales, and outsourcing services for clearing and custody‐related functions.

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