Broadridge

Increasing the automation of securities finance and collateral management requires taking a joint technical and business perspective. Without it, firms could find themselves failing to progress or misdirecting IT investment.…

Broadridge launches tools for ISO 20022 migration

October 7, 2020

Broadridge, data management, ISO

Broadridge Financial Solutions announced the global launch of its market-ready Financial Messaging and Connectivity solution for firms migrating to the new ISO 20022 standard for payments between financial institutions. ISO…

Broadridge sourcing prices from 7 Chord for AI corporate bond trading platform

October 6, 2020

artificial intelligence, Broadridge, Corporate Bonds, electronic trading

Broadridge Financial Solutions announced that it selected 7 Chord, an independent predictive pricing and analytics provider, as the source for intraday corporate bond prices on its new artificial intelligence (AI)-driven,…

Broadridge survey reveals how next-gen tech is being accelerated through pandemic

July 7, 2020

Broadridge, technology

More than half of financial services companies plan to accelerate implementation of their next generation technology strategies, according to a new global survey of 500 financial services C-Suite executives and…

Broadridge executes first trades on new AI-driven corporate bond trading platform

June 17, 2020

artificial intelligence, Broadridge, Corporate Bonds, electronic trading

Broadridge Financial Solutions announced that its new AI-driven corporate bond trading platform, LTX, has executed its first trades. Broadridge has partnered with Jim Toffey, founder of Tradeweb Markets, to create…

Broadridge survey: dismal success rates for innovation projects as digitization pressure increasing

May 14, 2020

News and Notes – Fintech, Uncategorized

artificial intelligence, blockchain, Broadridge, cloud, innovation

Nearly 80% of CEOs and their direct reports say that less than half of all innovation projects at their organization succeed, according to a survey released today from Broadridge Financial…

FISL 2020: trends and predictions for seclending ops & tech (Premium)

April 29, 2020

Securities Lending, Technology

BBH, Broadridge, DTCC, FISL, FISL 2020, topstory

Our annual Finadium Investors in Securities Lending conference has been rebooted online this year. Meet some of the Technology, Operations and Market Structure panel experts, who have seen and managed…

Broadridge acquires European regtech FundsLibrary

January 21, 2020

asset management, Broadridge, FundsLibrary, regtech

Broadridge Financial Solutions and FundsLibrary announced that Broadridge has entered into an agreement to acquire FundsLibrary, a leader in fund document and data dissemination in the European market, from its…

Broadridge to move mission-critical workloads to hybrid cloud with IBM

January 14, 2020

Broadridge, cloud technology, hybrid cloud, IBM

Broadridge Financial Solutions and IBM Services announced an agreement to bring new cloud-based solutions to Broadridge’s clients in the financial services industry. As part of this strategic collaboration, Broadridge will…

Broadridge’s view on fully paid lending in 2019 (Premium)

December 11, 2019

Securities Lending

Broadridge, fpl, fully paid lending, topstory, Zero fee

Earlier this year, Finadium looked at the way fully paid lending programs had entered the mainstream in the US, with optimism for future growth in Canada. We revisit what’s happened…

Broadridge launches AI&ML platform for middle/back office

December 3, 2019

artificial intelligence, back office, Broadridge, explainable AI, machine learning, middle office, Tookitaki

Broadridge Financial Solutions announced the launch of Broadridge Data Control Intelligent Automation, a new artificial intelligence (AI) and machine learning (ML) platform built to be deployed across industry-wide reconciliation, matching…

Broadridge acquires portfolio management fintech ClearStructure

November 20, 2019

acquisitions, Broadridge, fintech, portfolio management

Broadridge Financial Solutions has acquired ClearStructure Financial Technology, a global provider of portfolio management solutions for the private debt markets. Financial details were not disclosed. Today, Broadridge’s SaaS technology powers…

FISL Europe: deploying technology for global markets harmonization

September 18, 2019

Technology

Bloomberg, Broadridge, FISL Europe, topstory

At our upcoming Finadium Investors in Securities Lending Conference in Paris on 24 September, Bloomberg, Broadridge, MarketAxess and Pirum will be discussing what’s important for securities finance technology right now,…

FISL Europe: SFTR is the Brexit of securities finance tech

September 11, 2019

Regulatory, SFTR, Technology

Broadridge, CDM, FISL Europe, MarketAxess, topstory

When talking about the way that technology is impacting securities finance, the pressure of getting ready for the Securities Financing Transactions Regulation dominates the agenda because of its immediacy and…

Challenges in Adopting a Common Domain Model for Securities Finance

August 29, 2019

Martin Walker

Automation, Common Domain Model, Technology

automation, Broadridge, Common Domain Model, digitization, SFTR, topstory

Regulations such as SFTR are driving discussion in the securities finance industry around how to agree on standardized processes and workflows. One idea is the Common Domain Model (CDM), similar…

Broadridge posts white paper on trade flows for Centrally Clearing Institutional Tri-Party

August 16, 2019

Broadridge, CCIT, Repo

Broadridge Consulting has issued a white paper on DTCC’s CCIT program including useful details on trade flows. While aimed towards the buy-side, the paper is a useful reference for any…

Broadridge Launches SFTR Change Management Service

June 18, 2019

Broadridge Financial Solutions Inc. (NYSE:BR), a global Fintech leader that is part of the S&P 500® Index, has announced a change management service to help companies design their target operating…

Broadridge survey: top priority for financial AI is data mining

June 13, 2019

artificial intelligence, Broadridge

Securities Lending, Technology

The financial services industry’s top priority for artificial intelligence (AI) applications is data mining, according to the second annual AI Outlook Survey from Broadridge Financial Solutions. The survey results, released…

Fintech weekly deals and partnerships round-up

WeBank and SwissRe team up for insurance AI WeBank and SwissRe announced an MoU signing towards cooperation focusin on Federated Learning, one of the latest developments in the world of…

Fintech weekly deals and partnerships roundup

BNY Mellon and AcadiaSoft team up for non-cleared margin outsourcing Buy-side derivatives market participants are now able to fully outsource their entire non-cleared margin workflow, via the market’s first end-to-end…

Broadridge acquires Rockall

May 2, 2019

NEW YORK, N.Y. – May 1, 2019 – Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, today announced that it has acquired…

No longer leading edge: Fully Paid Lending has entered the mainstream

April 11, 2019

Richard Stinchfield

Broadridge, fully paid lending, Securities Lending, topstory

For more than a decade, brokers on the leading edge of Fully Paid Lending (FPL) have worked hard to educate investors on the value of FPL in order to convince…

Fintech weekly deals and partnerships round-up

March 24, 2019

BCBS IOSCO, Broadridge, Cassini Systems, gpi, Initial Margin, SmartStream, Swift, uncleared margin

BlackRock to acquire alternative investments software provider eFront BlackRock announced that it’s agreed to acquire eFront, an end-to-end alternative investment management software and solutions provider from private equity firm Bridgepoint…

Fintech weekly deals and partnerships roundup

BNP Paribas and Millennium Global Investments launch AI FX index BNP Paribas announced the launch of the BNP Paribas MGI Systematic Currency Alpha Index using artificial intelligence through machine learning.…

Broadridge acquires PivotData and partner’s tech for asset manager regulatory reporting

January 31, 2019

acquisitions, Broadridge, PivotData, regtech

Broadridge Financial Solutions announced the acquisition of certain private fund regulatory reporting capabilities from PivotData, a data warehouse and compliance reporting solutions platform for the investment community, and its partner…

ICJ and Broadridge execute first blockchain-based interoperable proxy voting process in Japan

January 15, 2019

blockchain, Broadridge, DLT, ICJ, proxy voting, Quorum, Tokyo Stock Exchange

Broadridge Financial Solutions and ICJ, a joint venture of Broadridge and the Tokyo Stock Exchange, have successfully conducted the first Proof of Concept (PoC) of blockchain-based proxy voting in Japan,…

Broadridge survey has AI in big lead for impact, legacy tech biggest hurdle

January 14, 2019

artificial intelligence, blockchain, Broadridge, cloud, legacy systems

In a recent survey by Broadridge Financial Solutions, more than half of financial services professionals surveyed (58%) feel that artificial intelligence (AI) will have the most significant impact on their…

DTCC Partners with Broadridge, FIS Global, Murex, RegTek.Solutions and SimCorp to Further Streamline SFTR Trade Reporting Processes

October 9, 2018

Broadridge, DTCC, FIS, Murex, RegTek.Solutions, SFTR, SimCorp

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced new partnerships with Broadridge, FIS Global, Murex, RegTek.Solutions and SimCorp…

A Framework for Evaluating and Prioritizing Automation Projects

September 25, 2018

Martin Walker

Artificial Intelligence, Operations, Technology

AI, automation, Broadridge, capital markets, operations, Robotics Process Automation, technology, topstory

Automation is the new “big thing” in capital markets, but weren’t computers invented to automate the work of humans that would otherwise be done by people? Predictions of wide scale…

Charles River joins Broadridge to get SWIFT in wake of T+2

August 16, 2018

Broadridge, Charles River, middle office, T+2

Charles River and Broadridge have formalized a business alliance to enable better integration with the SWIFT network in the Charles River Investment Management Solution, prompted by the SEC’s regulatory mandate to…

Broadridge gets blockchain patent for repo agreements and proxy processing

May 11, 2018

blockchain, Broadridge, Repo

Broadridge Financial Solutions announced it was granted a US patent directed to blockchain technology that will enhance the processes for proxy voting and repurchase agreements. The firm partners with clients…

The Changing Role of the Repo Trader

February 19, 2018

Martin Seagroatt

LIBOR, Repo, Technology

automation, Broadridge, Repo, technology, topstory

The day to day role of the repo trader has changed rapidly in the past 10 years, driven by a number of market and regulatory trends. More radical change is…

Broadridge launches ROQ for automated repo markets trading

January 25, 2018

Broadridge, electronification, repo markets

Broadridge Financial Solutions announced the launch of its new Repo Order Quote (ROQ) solution, a multi-market aggregation and execution tool for repo markets. The solution is now in use with…

Broadridge: applications for artificial intelligence in securities finance and collateral management

November 9, 2017

artificial intelligence, Broadridge, collateral management, securities finance

Following numerous hype cycles, artificial intelligence (AI) is now gaining widespread adoption, with the potential to radically transform many areas of the financial services industry. In 2017, consultancy Opimas expects…

Broadridge completes pilot of blockchain-based bilateral repo solution

October 17, 2017

bilateral repo, blockchain, Broadridge, Natixis, Societe Generale

Broadridge announced the successful completion of a pilot with Natixis and Societe Generale that leverages blockchain technology to enhance the operational efficiency and auditability of bilateral repurchase, or repo, agreements.…

Applications for artificial intelligence in securities finance and collateral management

September 7, 2017

Martin Seagroatt

Artificial Intelligence, Collateral Management, Repo, Securities Lending, Technology

artificial intelligence, Broadridge, collateral management, securities finance, technology, topstory

Following numerous hype cycles, artificial intelligence (AI) is now gaining widespread adoption, with the potential to radically transform many areas of the financial services industry. Continue reading

Broadridge launches SFTR solution

June 21, 2017

Broadridge Financial Solutions, Inc. (NYSE: BR) today announced the launch of its trade reporting solution for the European Securities and Markets Authority’s (ESMA) forthcoming Securities Financing Transaction Regulation (SFTR). Broadridge’s…

Misys and Broadridge release MiFID II reporting tool

June 6, 2017

Broadridge, Message Automation, MiFID II, Misys

London, UK, 5 June 2017 – Misys has unveiled a regulatory reporting component which enables banks to comply with the Markets in Financial Instruments Directive (MiFID II) ahead of the…

ISF: Broadridge testing blockchain in bilateral repo space

May 31, 2017

blockchain, Broadridge, Repo

Broadridge believes there could be an application for blockchain technology in certain areas of the securities finance lifecycle. The full article behind the paywall is here.

Broadridge, J.P. Morgan, Northern Trust and Banco Santander Successfully Complete Pilot of Blockchain-Based Proxy Vote Solution

April 13, 2017

blockchain, Broadridge, proxy voting

LAKE SUCCESS, N.Y., April 11, 2017 – Broadridge Financial Solutions, Inc. (NYSE:BR), J.P. Morgan, Northern Trust and Banco Santander today announced the successful completion of a pilot which employs a…

Broadridge: Global Inventory Management – The Central Nervous System of Financial Institutions in the New Collateral Ecosystem

March 22, 2017

Broadridge, collateral management, inventory management

Collateral Management, Technology

Global Inventory Management has become increasingly critical to both buy side and sell side firms transacting in collateralized business lines. The paper and infographic by Martin Seagroatt and Gilbert Scherff…

Towards a Centralised Exchange for Collateral

January 26, 2017

Martin Seagroatt

Broadridge, collateral, collateral exchange, technology, topstory

A number of initiatives to improve the matching of collateral supply with demand have begun to move forward in recent years. However, the system is still fragmented with a lack…

Broadridge buys 4Sight: what it means for the market (Premium)

June 14, 2016

Collateral Management, Repo, Securities Lending, Technology

4Sight, Broadridge, collateral management, securities finance, technology, topstory

Collateral Management, Technology

In a major industry move, Broadridge announced today its acquisition of 4Sight. Following its recent purchase of Anetics, the buy shows Broadridge’s seriousness in deepening its portfolio of securities finance…

SLT: Broadridge acquires Anetics

February 5, 2016

New York | 05 February 2016 Broadridge has acquired Massachusetts-based tech firm Anetics, adding to its arsenal of securities finance tools. The new relationship advances Broadridge’s strategy to expand its…

Straight-through Processing and the Application of Technology in Collateral Management

December 16, 2014

mstan

Broadridge, collateral management, operations, STP, Straight-through processing, technology, topstory

Articles and reports on collateral management tend to focus on the high-level application of technology and the money to be made (or not lost) from collateral optimization. Under the hood,…

Broadridge Enhances Collateral Management Offering Through Partnership with AcadiaSoft

December 11, 2014

AcadiaSoft, Broadridge

LAKE SUCCESS, New York — Dec. 10, 2014 — Broadridge Financial Solutions, Inc. (NYSE: BR), has enhanced its CollateralProTM solution through a new partnership with AcadiaSoft, a company that enables automatic communication…

Technology Preparations for New Collateral Infrastructure

June 19, 2014

Collateral Management, Technology, Tri-Party Repo

Broadridge, collateral management, settlement, technology, tri-party

The emerging collateral environment places new requirements on banks, insurance companies and others to not only manage collateral internally, but also connect efficiently with external infrastructures. This is becoming a…

Broadridge Expands Derivatives Coverage

June 13, 2014

LAKE SUCCESS, N.Y. June 12, 2014 – Broadridge Financial Solutions, Inc. (NYSE:BR) a leading provider of technology-driven solutions for financial firms and corporate issuers globally, has further expanded its reach…

The Upcoming Cash vs. Non-cash Balance in Collateral Management

June 11, 2014