AmInvestment Bank deploys Broadridge SFCM platform
19 July 2024 Malaysia
Image: Urbanscape/stock.adobe.com
AmInvestment Bank, one of the largest banking groups in Malaysia, has deployed Broadridge Financial Solutions’s platform to transform and expand its prime brokerage business lines in the APAC region.
The Securities Financing and Collateral Management platform is a front-to-back SaaS solution for securities finance, used widely across the global buy and sell side securities lending, repo, and collateral trading markets.
This move will allow AmInvestment Bank to enable its securities borrowing and lending product offerings, simplify and innovate trading, manage collateral, and handle trade lifecycle events, while integrating with its existing systems.
Tracy Chen Wee Keng, CEO of AmInvestment Bank, says: “Broadridge’s solution has a strong track record for delivering industry-leading systems, which will deliver a better experience for our customers.
“Additionally, we are now able to manage the operational aspects of securities lending more effectively, within a controlled and scalable environment, setting us up for robust future growth and adaptability to evolving market dynamics."
Darren Crowther, head of securities finance and collateral management solutions at Broadridge, adds: “The financial landscape is rapidly evolving, and our Securities Financing and Collateral Management platform is designed to help forward-thinking institutions like AmInvestment Bank stay ahead in the market.
“This implementation is particularly significant as it addresses the growing need for sophisticated financial solutions amid the opening of emerging markets and evolving stock lending agreements."
The Securities Financing and Collateral Management platform is a front-to-back SaaS solution for securities finance, used widely across the global buy and sell side securities lending, repo, and collateral trading markets.
This move will allow AmInvestment Bank to enable its securities borrowing and lending product offerings, simplify and innovate trading, manage collateral, and handle trade lifecycle events, while integrating with its existing systems.
Tracy Chen Wee Keng, CEO of AmInvestment Bank, says: “Broadridge’s solution has a strong track record for delivering industry-leading systems, which will deliver a better experience for our customers.
“Additionally, we are now able to manage the operational aspects of securities lending more effectively, within a controlled and scalable environment, setting us up for robust future growth and adaptability to evolving market dynamics."
Darren Crowther, head of securities finance and collateral management solutions at Broadridge, adds: “The financial landscape is rapidly evolving, and our Securities Financing and Collateral Management platform is designed to help forward-thinking institutions like AmInvestment Bank stay ahead in the market.
“This implementation is particularly significant as it addresses the growing need for sophisticated financial solutions amid the opening of emerging markets and evolving stock lending agreements."
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