Bringing you live news and features since 2006 

Broadridge Tom Carey

Broadridge launches new global asset servicing solution

RELATED TOPICS​

Broadridge Financial Solutions has launched a new solution aimed at addressing key industry, business and operational challenges with global asset servicing. 

Designed and developed with a global tier-one bank and now cloud and SaaS-enabled and selected by leading global banks, the full end-to-end solution streamlines corporate actions, dividend and coupon processing across multiple asset classes, business lines and regions by automating the full asset servicing lifecycle, bringing scale, speed, accuracy and efficiency to firms globally.
 
Inefficient processes in asset servicing currently present significant challenges, specifically an increase in operational risk and a reduced ability to control costs. The Broadridge global asset servicing solution helps firms mitigate these drawbacks by standardising and automating processes for announcements, notifications, elections, accruals, entitlements, and settlements globally. Broadridge’s global asset servicing solution has the ability to support and enhance front office activities through comprehensive data management and analytics, helping traders and portfolio managers mitigate against losses and pursue revenue generation, for example through arbitrage opportunities.
 
This solution is currently being deployed by leading global firms, including as a unified global platform replacing multiple silo systems across geographies and business units, spanning the Investment Bank, Wealth and Asset Management business lines. With one centralised platform, clients can view, manage and report across portfolios, events and global trading models, bringing visibility and transparency across the entire asset servicing lifecycle.      
 
“The number of corporate actions is increasing across global markets – each one navigating a complex network of intermediaries and custodians. With fragmented systems and regulatory pressures increasing processing challenges, financial institutions need a modern solution that simplifies their architecture, streamlines the operations and improves risk management,” says Tom Carey (pictured), President of Broadridge Global Technology and Operations. “Our industry-leading solution – designed by users for users – simplifies the technology of our capital markets clients and helps their back-office functions drive real business and operational value.”
 

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by