Broadridge announced that Kuala Lumpur-heaquartered AmInvestment Bank has deployed the fintech’s Securities Finance and Collateral Management platform as it expands its prime brokerage capabilities. The bank will be able to simplify and innovate trading, manage collateral, and handle trade lifecycle events while integrating with its existing systems.
“An increasingly sophisticated and volatile market has made securities finance an important focus of our growing prime brokerage business,” said Tracy Chen Wee Keng, CEO of AmInvestment Bank, in a statement. “We are now able to manage the operational aspects of securities lending more effectively, within a controlled and scalable environment, setting us up for robust future growth and adaptability to evolving market dynamics.”
Darren Crowther, head of Securities Finance and Collateral Management Solutions at Broadridge, said in a statement: “The financial landscape is rapidly evolving, and our Securities Financing and Collateral Management platform is designed to help forward-thinking institutions like AmInvestment Bank stay ahead in the market. This implementation is particularly significant as it addresses the growing need for sophisticated financial solutions amidst the opening of emerging markets and evolving stock lending agreements.”