Broadridge Financial Solutions announced that Skandinaviska Enskilda Banken AB (SEB) is using Broadridge’s international post-trade processing solution to simplify and streamline its securities business across international and domestic markets.
Kristian Gårder, co-head of Equities at SEB, said in a statement: “Broadridge is a tech leader that has enabled us to advance from discrete, asset-specific systems to a unified and strategic solution that delivers increased simplification, frictionless workflow efficiency, real-time business-wide management controls, and the ability to respond effectively to new market requirements and our customers’ evolving needs.”
SEB is a long-standing user of Broadridge’s front and middle office solutions for order management, trade execution and allocation, and has now extended for post-trade processing. As a result, the bank now benefits from a strategic front to back-office infrastructure that simplifies and optimizes trading workflows and operations across international markets with advanced, straight-through solutions that deliver efficiency, scale and resilience at every stage of the securities trade lifecycle.
Danny Green, head of International Post-Trade Solutions at Broadridge, said in a statement: “In today’s markets, investing in post-trade efficiency is of paramount importance, and leading firms such as SEB are now in a stronger position to tackle the combined challenges of shrinking settlement periods, regulatory change and client service differentiation, while optimizing cost/income ratios and reducing risk.