Baader Bank selects Broadridge for regulatory trade and transaction reporting
Latest news
Baader Bank selects Broadridge for regulatory trade and transaction reporting 21 March 2024UK, US, Germany Reporter: Sophie Downes
Image: stock.adobe.com/1st footage
Baader Bank has chosen Broadridge Financial Solutions for its regulatory trade and transaction reporting.
Broadridge’s platform will support the bank to meet the evolving requirements across multiple regulations, including MiFID, FinfraG, EMIR Refit and the Securities Financing Transactions Regulation (SFTR).
The agreement extends Broadridge’s relationship with the bank, which uses Broadridge’s front and middle office suite of solutions for order management, trading and market connectivity.
Baader Bank offers its clients access to a full spectrum of asset classes including equities, bonds, derivatives and exchange-traded funds (ETFs), as well as primary market transactions.
Ben Cooling, general manager of Regulatory Transaction Reporting Solutions at Broadridge, says: “We are thrilled to support Baader Bank by providing them access to our platform and expertise to transform its risk and compliance capabilities.
"As banks continue to grapple with the challenges of meeting complex regulatory demands, Broadridge continues to be the technology partner for global financial institutions looking to simplify, transform and innovate across the trade lifecycle."
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: stock.adobe.com/1st footage 