Driving greater customer value through a
single multi-asset class post-trade matching platform,
leveraging FIX
NEW
YORK, April 19, 2023 /PRNewswire/ -- To better
automate the middle and back-office functions around trade
matching, global Fintech leader, Broadridge Financial Solutions,
Inc. (NYSE: BR), today announced an expansion of its partnership
with Linedata, a global provider of asset management and
credit technology data and services. Through this expanded global
partnership, Broadridge's NYFIX Matching solution will be
integrated directly with Linedata's Order Management System (OMS)
powered by its Asset Management Platform (AMP).
"Post-trade processing is still highly manual and prone to
errors, however with NYFIX, Broadridge is able to provide the
buy-side with a streamlined post-trade workflow," said George
Rosenberger, General Manager of NYFIX, Broadridge. "Our partnership
with Linedata represents our mutual commitment to offering an
optimized post-trade matching service to the widest client
base."
Linedata Longview OMS clients will benefit from Broadridge's
NYFIX Matching solution, enhancing Linedata's post-trade matching
capabilities. Further, this integration offers mutual clients an
alternative to other trade lifecycle processors. Linedata clients
and corresponding brokers gain cost efficiencies with this
straightforward yet robust workflow solution.
"In today's volatile market environment, Linedata remains
laser-focused on driving value and efficiency into our customers'
workflows," said Bob Moitoso, Head
of Asset Management, North America
at Linedata. "Broadridge is proving to be a key partner for us in
our commitment to providing flexible, innovative OMS capabilities
and expanding choice for our customers."
About Linedata
With 25 years' experience and 700+
clients in 50 countries, Linedata's 1,100 employees in 20 offices
provide global humanized technology solutions and services for the
asset management, insurance and credit industries that help its
clients evolve and operate at the highest levels.
Headquartered in France,
Linedata achieved revenues of EUR 172.7
million in 2022 and is listed on Euronext Paris compartment
B FR0004156297-LIN – Reuters LDSV.PA – Bloomberg LIN:FP. For more
information, please visit our website or contact us.
About Broadridge
Broadridge Financial Solutions (NYSE:
BR), a global Fintech leader with more than $5 billion in revenues, provides the critical
infrastructure that powers investing, corporate governance and
communications to enable better financial lives. We deliver
technology-driven solutions that drive business transformation for
banks, broker-dealers, asset and wealth managers and public
companies. Broadridge's infrastructure serves as a global
communications hub enabling corporate governance by linking
thousands of public companies and mutual funds to tens of millions
of individual and institutional investors around the world. Our
technology and operations platforms underpin the daily trading of
more than U.S. $9 trillion of
equities, fixed income, and other securities globally. A certified
Great Place to Work®, Broadridge is part of the S&P
500® Index, employing over 14,000 associates in 21
countries.
For more information about us and what we can do for you, please
visit www.broadridge.com.
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg Rosenberg
Corporate Communications
Gregg.Rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.