LAKE SUCCESS, N.Y.,
May 17, 2017 /PRNewswire/
-- Broadridge Financial Solutions, Inc. (NYSE: BR)
announced that Jabre Capital Partners, the global multi-strategy
asset management company, has chosen Broadridge's integrated
trading, portfolio management, and risk management platform to help
manage their front, middle and back-office operations.
Jabre will deploy Broadridge's investment operations platform to
manage its sophisticated, multi-asset funds. Broadridge's fully
integrated solution will enable Jabre to streamline and automate
workflow around a complex array of traded instruments. Introducing
these capabilities can help Jabre meet its pre- and post-trade
compliance requirements while providing seamless connectivity to
brokers and EMS platforms, and facilitating effective portfolio
management and reporting. In addition, Jabre will have access to
market and credit risk analysis through Value at Risk (VAR) and
stress testing scenarios.
"We were seeking to replace our existing, locally installed
systems with a new robust infrastructure that facilitated order
management, portfolio management and risk management in a single
platform," said James Cleary, Chief
Operating Officer at Jabre Capital. "It was key for us to have a
system that is scalable and flexible to evolve with our business.
Having done extensive due diligence in searching for the right
solution, we found that the Broadridge service met these criteria
and offered a comprehensive set of functions and reporting that we
needed through a single platform, while also reducing operational
risk and increasing cost efficiency across our business."
"Broadridge is pleased to be working with such a long
established and highly regarded hedge fund as Jabre Capital. Given
recent regulatory changes and the challenging markets in which
asset managers are now operating, we are increasingly seeing
established groups replace their current infrastructure to ensure
that they are appropriately equipped with an integrated, scalable
and future-proof portfolio management solution," said Mike Thrower, Managing Director, Head of EMEA
Sales for Broadridge. "Broadridge's success in serving asset
managers in Europe comes from more
than just a strong technology offering — it is also due to our
mature local hosting and support model, which, in combination with
our global reach and scalability, is a powerful
differentiator."
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 percent of public companies and mutual
funds in North America, and
processes more than $5 trillion in
fixed income and equity trades per day. Broadridge employs
approximately 10,000 full-time associates in 16 countries. For more
information about Broadridge, please visit www.broadridge.com.
Media Contacts:
Gregg Rosenberg
Head of Corporate Communications
+1 212-918-6966
gregg.rosenberg@broadridge.com
Brett Philbin
Edelman
+1 212-704-8263
brett.philbin@edelman.com
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