SEB implements Broadridge’s international post-trade processing solution
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SEB implements Broadridge’s international post-trade processing solution 25 September 2024 US Reporter: Klea Neza
Image: Mr. Music/stock.adobe.com
Skandinaviska Enskilda Banken AB (SEB) has onboarded Broadridge Financial Solutions’ international post-trade processing solution, with an aim to simplify and streamline its securities business across international and domestic markets.
According to the firms, the solution will provide SEB with a strategic front to back-office infrastructure that is designed to simplify and optimise trading workflows and operations across international markets.
It also provides “straight-through solutions” that aim to deliver efficiency, scale and resilience at every stage of the securities trade lifecycle.
Kristian Gårder, co-head of Equities at SEB, says: “Broadridge 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.”
Danny Green, head of international post-trade solutions at Broadridge, adds: “In today’s markets, investing in post-trade efficiency is of paramount importance, and 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 optimising cost [and] income ratios and reducing risk.”
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Image: Mr. Music/stock.adobe.com 