The enhanced platform offers a fully automated interface that will support the daily updating of client holdings in the FundApps system and maintain a global database of companies and regulations, Broadridge says
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
“The combination of our technology, solutions and people will unlock significant value for our clients and drive long-term growth for our combined business,” says Itiviti’s CEO Rob Mackay
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
“We believe that if done correctly SFDR will help focus efforts more towards sustainable investments,” says Jag Alexeyev, head of ESG insights at Broadridge Financial Solutions
Post-trade FastStart will enable clients to handle both domestic and foreign equity and bonds, stock lending, collateral management and real-time multi-currency, multi-market transaction processing
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
Germán Soto Sanchez will be responsible for developing Broadridge’s strategic plan as he leads its strategy, partnership and other growth-related activities