FOW Asia Awards: Broadridge's multi-asset, real-time post-trade solutions

FOW Asia Awards: Broadridge's multi-asset, real-time post-trade solutions

Awards for Asia special focus

Broadridge, a leading provider of technology and operations, communications, and data and analytics solutions for financial services firms, has been developing and enhancing middle-to-back-office derivatives clearing offerings over the past five years. 

Based on this investment, its Global Post-Trade Management (GPTM) solution now offers functionality across all asset classes, contributing to operational efficiency in its clients’ brokerage and clearing operations. 

GPTM receives FOW Post Trade award

This year, FOW has recognised Broadridge in its Post Trade award category. In its decision, the judges highlighted the company’s consistent investment in the Asia market and its expanding, localised reach across the region.

One example cited was Broadridge’s support for SGX’s new post-trade platform, which became the first to pass all conformance tests, enabling it to deliver clients a one-stop solution for retail and institutional business in Singapore in addition to the extended capability for trades under the Shanghai-Hong Kong Stock Connect in Hong Kong. 

According to Nachi Muthu, Head of Derivatives Trading and Clearing Solutions at Broadridge, the firm’s integrated solutions have the potential to replace multiple legacy systems.

“Derivatives clearing in particular is still dominated by legacy systems that cannot easily meet the performance and functionality required to meet current regulatory requirements and client demands.”

“Broadridge’s solution, on the other hand, recognises that today’s clearing environment requires real-time, straight-through processing (STP) functionality across the middle and back offices to match increasingly sophisticated front-office trading capabilities.”

Unified multi-asset solution enhances risk management

According to Paul Clark, Head of Institutional Strategy and Product Management at Broadridge, the firm has aggressively expanded its asset class coverage in recent years to meet the increasing need for post trade solutions that deliver a holistic view of trades, positions, balances and P&L across asset classes.

As a result, Broadridge technology now supports full STP across all middle and back office functions, reducing operational risk by enabling standardised workflow while also supporting exception management.  At the same time, the solution delivers a single enterprise view of transactions and positions, facilitating information flow to enhance risk management amid ever-increasing regulatory pressure.

Today the firm works with leading global banks and local brokerages, delivering scalable technology solutions that can connect with existing technology stacks, eliminate redundancies and improve productivity across the trade cycle. 

At a time when margins and capital structures are under pressure like never before, Broadridge delivers on-demand, sub-second initial margin calculations and enhanced insight to client portfolios across 60 major derivatives markets. With full collateral lifecycle management, the operational efficiencies realised enable interactive exposure management and enhanced client service.

Clark summed up the value proposition, explaining that: “These advances can translate into a competitive advantage by giving end clients access to real-time data across asset classes, providing holistic insight to global, multi-asset portfolios at any point in time.”

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