NEW
YORK, May 9, 2024 /PRNewswire/ -- LTX, a
subsidiary of Broadridge Financial Solutions Inc. (NYSE: BR), today
announced its integration with MultiLynq, a leading provider of
electronic fixed income trading connectivity and integration
solutions, to accelerate connectivity to the LTX platform.
Solutions like MultiLynq assist dealers and other market
participants in more quickly onboarding to LTX, joining the 35+
dealers and 90+ asset managers already on the AI-powered corporate
bond trading platform.
"Most dealers and asset managers are challenged prioritizing
their scarce technical resources to complete multiple critical
technical projects," said Jim
Kwiatkowski, CEO of LTX. "Our partnership with MultiLynq
will assist many clients in reducing time to market and quickening
access to LTX's AI-powered pre-trade tools including BondGPT as
well as our innovative RFQ+ and RFX trading protocols."
Through MultiLynq, dealers can more easily integrate LTX into
their existing infrastructure, avoiding the need to deploy their
own resources by leveraging MultiLynq's high-performance API and
team of industry experts. The integration will offer an alternative
to direct connection, facilitating a swift and flexible
implementation process and resulting in time- and cost-savings.
Users can now effortlessly integrate with LTX while retaining their
preferred front-end interfaces and communicating with downstream
systems, ensuring seamless workflows.
"This collaboration reinforces our continued commitment to
offering fixed income market participants a seamless and
cost-effective solution for accessing world-class trading venues
like LTX," said MultiLynq Co-Founder, Patrick Scheideler. "By enhancing connectivity
and speeding up access to LTX, we are breaking down technology
barriers and creating greater efficiency for fixed income market
participants."
For more information about LTX, please visit
www.ltxtrading.com.
About Broadridge
Broadridge Financial Solutions (NYSE:
BR), a global Fintech leader with more than $6 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. $10 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.
About MultiLynq
MultiLynq is transforming and
simplifying electronic fixed income trading by providing market
participants with access to more liquidity and transparency than
ever before. The company offers a broad array of pre- and
post-trade solutions, including price dissemination, aggregation of
market data, smart order routing, and post-trade reporting and
reconciliation. Multilynq's innovative API streamlines the
connectivity and integration process to all major electronic U.S.
trading venues and supports every trading protocol thereby
eliminating time to market, cost, and complexity. Founded by
fixed income veterans whom possess deep industry experience and
expertise, Multilynq has a proven track record of meeting the
demands of prominent financial institutions and today's evolving
fixed income markets. To learn more about MultiLynq, please visit
us at www.multilynq.com and follow us on LinkedIn.
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg
Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com
MultiLynq Contact:
Media:
Mike Geller
Prosek Partners
mgeller@prosek.com
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SOURCE Broadridge Financial Solutions, Inc.