Mon, Dec 23 2024
Leader in global Fintech, Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that SBI SECURITIES Co., Ltd., through its subsidiary SBI Shinsei International Limited, has chosen to offer its equities brokerage services to clients in the UK using Broadridge's post-trade solution.
This is on top of the current arrangement with Broadridge to handle transactions involving Japanese stocks in Singapore and Hong Kong. Additionally, SBI Shinsei International Limited intends to automate Swift communications operations with its custodian by utilizing Broadridge's Swift Service Bureau.
"Broadridge has shown to be our go-to partner as we expand our company internationally. Expanding upon our current partnership in Singapore and Hong Kong, Broadridge has proven to have a thorough comprehension of our needs for worldwide growth. Ichiro Takahashi, Head of Global Operations at SBI Securities, stated, "This has allowed us to go to market in the UK quickly and with confidence, while leveraging the benefits of the existing ASP cloud environment."The worldwide standard for post-trade processing set by Broadridge and Swift workflows enable us to offer appealing prospects to SBI SECURITIES' clientele as we grow internationally.
Broadridge International President Mike Sleightholme stated, "We are very excited to further expand our relationship with SBI SECURITIES for the benefit of their clients in the UK." "Broadridge is dedicated to provide our clients an industry-leading array of cutting-edge, internationally scalable solutions across the trade lifecycle, with the goal of facilitating innovative and straightforward trading. Due to our extensive global reach and proven performance, companies like SBI SECURITIES are able to increase income, reduce costs, and optimize operations across many entities by quickly offering unique services to their clientele.
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