On Thursday, Broadridge Financial Solutions unveiled significant enhancements to its Tbricks platform, a high-performance multi-asset trading and market-making solution.
Broadridge Boosts Structured Product Trading with Tbricks Enhancements
The fintech firm said the advancements are designed to revolutionise global trading operations for structured products, letting financial institutions quote hundreds of thousands of products across multiple markets and distribution channels simultaneously.
“This transformative development marks a significant leap forward in simplifying and optimizing trading for structured products,” commented Konstantin Romanov, Global Head of Principal Trading Products, Broadridge Trading and Connectivity Solutions.
“Banks and broker/dealers have long struggled with the complexity and scale of structured product quotations, which span multiple markets and various quoting modes. Tbricks directly addresses this critical issue.”
Mehdi Mlaiki, Head of Trading at Marex Solutions, also spoke on the news, noting the positive impact of Tbricks on their operations, saying they have found it to be a reliable and flexible Market Making tool with low latency capabilities.
They believe the platform’s enhancements have improved their ability to serve clients, particularly in dynamic market conditions.
Broadridge explained that it collaborated closely with its European tier-one clients to identify and address their specific needs, focusing on scalability, automation, and user experience.
“The enhanced Tbricks solution reaffirms Broadridge’s commitment to providing the critical infrastructure that powers trading and operations across markets – with global, multi-asset, modular solutions – across the trade lifecycle,” the firm concluded.
