Broadridge Financial Solutions has partnered with Snowflake, a data cloud company, to enable its clients to consolidate and analyse trading and portfolio data in the cloud
“We have been impressed by the resilience of Broadridge’s systems and, as a technology partner, Broadridge understands and supports multiple markets," says Andy Maynard
“This is the first step in the transformation of the repo markets using smart contracts and distributed ledger technology,” says Broadridge president of capital markets Vijay Mayadas
In his new role, Taylor will help shape Broadridge’s international go-to-market strategy, drive business development and expand the wider international solution sales team
Itiviti will become part of Broadridge’s Global Technology and Operations segment and its senior management team, led by CEO Rob Mackay, will remain with the company to drive future growth
FinOptSys, a new financial resources, collateral and balance sheet optimisation platform, incorporating ‘true’ peer-to-peer trading functionality, has come to market promising, with backing from John Stracquadanio and Kevin Felix at Appia Ventures
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
“Joining Broadridge represents an exciting next chapter for our business and team by creating a leading front-to-back capital markets technology and operations provider,” says Itiviti’s CEO Rob Mackay