Mon, Nov 25 2024
The solution from global Fintech pioneer Broadridge Financial Solutions, Inc. (NYSE:BR) for regulatory trade and transaction reporting has been selected by Baader Bank AG.
The bank, which uses Broadridge's front and middle office suite of products for order administration, trading, and market connectivity, and Broadridge have a strategic relationship that is further extended by this arrangement.
In addition to primary market transactions, Baader Bank provides its clients with access to the entire range of asset classes, such as stocks, bonds, derivatives, funds/ETFs, and more. Due to the rapidly changing regulatory landscape of today, Broadridge's platform helps the bank to effectively fulfill the increasing requirements across many jurisdictions, including SFTR, FinfraG, EMIR (Refit), and MiFID. In order to guarantee a more cohesive and thorough regulatory reporting structure, Baader Bank will use Broadridge's comprehensive reporting solution.
Ben Cooling, General Manager of Broadridge's Regulatory Transaction Reporting Solutions, said, "We are delighted to support Baader Bank by giving them access to our cutting-edge platform and expertise to transform its risk and compliance capabilities." "As banks continue to grapple with the challenges of meeting complex regulatory demands, we are extremely proud that Broadridge continues to be the preferred technology partner for global financial institutions looking to simplify, transform and innovate across the trade lifecycle."
Leave a Comment