Over the next 12 months, Broadridge hopes many of the current operational challenges will be resolved but expects an ongoing high focus in this area, especially for global intermediaries
鈥淛oining Broadridge represents an exciting next chapter for our business and team by creating a leading front-to-back capital markets technology and operations provider,鈥 says Itiviti鈥檚 CEO Rob Mackay
In the current market environment, the process of resolving settlement failures is manual, which Broadridge explains leads to greater operational risk, inefficiency, a challenging user experience, and regulatory non-compliance under CSDR requirements
The Broadridge and Virtu partnership will provide a solution for asset managers to disclose transaction costs as they fulfil MiFID II and PRIIPs fund reporting requirements
Broadridge has partnered with sustainable investment research firm Third Economy to provide a new offering to better help companies and investors enhance their ESG programmes
Broadridge is building and testing in its role as an SFT submitter for the new SFT clearing service offered by DTCC鈥檚 NSCC, which is expected to launch in Q3
Broadridge鈥檚 solution is already live and is providing Cecabank鈥檚 domestic and cross-border institutional clients with a fully automated global proxy voting service
The collaboration seeks to modernise the 鈥渉eavily manual process鈥 of navigating corporate actions with a fully automated cross-border proxy voting solution covering European shareholder meetings
The association suggests that firms involved in securities financing should evaluate the scalability of existing operations and technology systems to accommodate large volumes of repo special issue trading in a negative environment
COVID-19 chaos in H1 exposed weaknesses in some firms鈥 post-trade derivatives processing infrastructures and firms are now allocating major financial resources to reinforce their operations, according to a Acuiti survey sponsored by Broadridge
Speakers from the 麻豆传媒 Finance Technology Symposium鈥檚 blockchain panel sought to dispel the myth that adopting blockchain is an all-or-nothing proposition