Broadridge adds cash management to post-trade platform
Broadridge has added cash management capabilities to its Global Post Trade Management Solution (GPTM).
The platform streamlines post-trade processing and management across multiple asset classes, markets and currencies.
Since its launch in May, a handful of top tier firms have chosen to onboard GPTM.
Two of the new clients chose GPTM as their single solution for fixed income processing globally, consolidating multiple platforms across regions.
The third chose the solution to unify its equity and fixed income processing for operations in EMEA and a range of Asia Pacific operations.
"Leading firms now recognize the opportunity to improve profitability by standardizing and streamlining their post trade processing systems and operational processes," said Tom Carey, president, global technology and operations international, Broadridge.
"The signing of these three significant global firms, and the demand for the solution, demonstrate the evolution of the market and the relevance of our investments to our clients."
"With integrated cash management, GPTM offers a unified real-time view of trade and cash positions," Carey continued.
"This enables firms to optimize their cash usage and manage risks, all through one platform, one view, and one experience."
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