For the fourth consecutive year in a row, global Fintech leader, Broadridge Financial Solutions, Inc., has earned a category award in the Chartis 2023 RiskTech100®, a globally recognized independent study of the world’s major providers of risk and compliance technology.
Broadridge has been recognized as the OpsTech: Fixed-Income Support Services category winner for its business process outsourcing (BPO) solution. Broadridge’s strategy in capital markets is focused on trading innovation to enable market participants to drive more efficient liquidity, price discovery and improved execution, along with global simplification to solve for client needs in a consistent, optimized way across the trade lifecycle, expanded asset classes and larger geographic footprint.
Broadridge’s Managed Services BPO solution makes it easier for customers to grow their business through management of their middle and back-office functions across the entire post-trade lifecycle. Trusted by the world’s leading banks, broker-dealers, wealth managers and asset managers, Broadridge’s Managed Services BPO solution further helps customers mutualize costs, mitigate risk and enhance the client experience.
“Broadridge has broad and deep support for fixed-income trading services across asset classes, specifically in the US,” said Sid Dash, Research Director at Chartis. “By enhancing this with a series of compatible acquisitions, the company has cemented its leadership position in fixed-income support and outsourcing services.”
“Broadridge has built a world class managed services capability across both equities and fixed income leveraging our leading technology capabilities to enable firms to scale rapidly, at lower total cost, and with less risk than their competitors,” said Kevin Moran, Managing Director and Global Head of Business Process Outsourcing at Broadridge Financial Solutions. “We are delighted to see our team and this strategic offering recognized again by Chartis. Amidst ongoing market pressure and customer demands, it’s more important than ever to provide firms with innovative solutions that allow them to seamlessly work from the front to back office and automate processes where possible.”
Broadridge’s fixed-income solutions are built upon best practice standards, aligning its successes and investments designed to help clients improve operational efficiency and mitigate risk and regulations through the full trade lifecycle. To achieve long-term resiliency, we are seeing clients use Broadridge’s technology to diversify trading with a wide array of asset classes such as corporate bonds, international-backed securities and repo transactions.