TOKYO, Nov. 18, 2015 /PRNewswire/ -- SBI Securities
Co., Ltd., one of Japan's largest
online securities companies, has selected Broadridge Financial
Solutions' (NYSE: BR) post-trade technology solution.
Broadridge will support all core transaction processing of fixed
income securities for SBI Securities as it expands its newest
branch in Hong Kong to facilitate
the issuance of structured notes to its clients.
Broadridge's post-trade technology will enable SBI Securities to
grow its business in Hong Kong
through a streamlined, operationally efficient straight-through
processing capability that includes position management and
settlement. The solution is also market-ready to support SBI
Securities' future growth strategy for other asset groups such as
equities and futures and options, both within the Asia Pacific region and across markets
globally.
"Broadridge has a proven reputation for helping Japanese firms
grow their businesses through international expansion by leveraging
the latest IT standards and providing a best-in-class operational
model," said Hiroshi Kannoo, Head of Business Arrangement &
Development, SBI Securities. "What ultimately led us to
Broadridge's post-trade technology solution was a combination of
its broad market functionality, international, multi-currency
capabilities, and deep international capital markets expertise.
Broadridge will also enable a fast-track deployment on a highly
scalable modern architecture."
"We are committed to serving firms such as SBI Securities, who
seek to enhance their competitiveness by expanding into new
businesses and increasing their cost performance through a fast and
efficient market entry," said Akhter
Khan, General Manager, Asia
Pacific, Broadridge. "It is a privilege to have been
selected by SBI Securities to support their expansion through our
proven functionality, continued investment in technology, and our
commitment to a world-class standard of service."
Broadridge supports its clients' multi-currency post-trade
processing in over 70 markets and has demonstrated a long-standing
commitment to firms in Asia
Pacific through ongoing investments, most recently including
connectivity to Shanghai-Hong Kong Stock Connect, support for
ISO20022 messaging for Japan, and
investments to support forthcoming settlement infrastructure
changes in Singapore also based on
ISO20022.
About Broadridge
Broadridge Financial Solutions, Inc.
(NYSE: BR) is the leading provider of investor communications and
technology-driven solutions for broker-dealers, banks, mutual funds
and corporate issuers globally. Broadridge's investor
communications, securities processing and managed services
solutions help clients reduce their capital investments in
operations infrastructure, allowing them to increase their focus on
core business activities. With over 50 years of experience,
Broadridge's infrastructure underpins proxy voting services for
over 90% of public companies and mutual funds in North
America, and processes on average $5 trillion in equity
and fixed income trades per day. Broadridge employs approximately
7,400 full-time associates in 14 countries. For more information
about Broadridge, please visit www.broadridge.com.
Media Contacts
|
|
Peggy
Wu
|
Kate McGann
|
Ryan
Communication
|
Broadridge Financial Solutions
|
Peggy@ryancommunication.com
|
Katherine.mcgann@broadridge.com
|
+852 3655 0517
|
+1 212 981 1395
|
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