He said:
Currently, firms have several front, middle, and back-office systems that are typically integrated using numerous point-to-point connections each with their own data model, creating fragmentation and complexity. By using our unique ability to look across front, middle, and back as a whole, we are helping our clients solve pain points through trade lifecycle simplification. By utilizing our pre-integrated offering to simplify across the trade lifecycle, firms can simultaneously reduce risk, increase efficiency, enhance business growth and reduce costs by an estimated 20–30% in key areas.
In the face of economic, regulatory, and geopolitical challenges, Capital Markets firms need to prioritize innovation and simplification across the entire trade lifecycle. Broadridge’s all-encompassing solution promotes business flexibility, reduces risk, and cuts down costs by providing a multi-asset middle office, integrated reporting, standardized data sources, front-office business insights leveraging post-trade data, and a shared data model on a global scale.
Earlier in March, CQG and Broadridge partnered for OMS and EMS technologies integration.
