SBI Securities adopts Broadridge’s post-trade technology

//SBI Securities adopts Broadridge’s post-trade technology

SBI Securities adopts Broadridge’s post-trade technology

By | 2015-11-18T22:15:33+00:00 November 18th, 2015|Business|0 Comments

Akhter Khan, Broadridge

“We are committed to serving firms such as SBI Securities, who seek to enhance their competitiveness by expanding into new businesses and increasing their cost performance through a fast and efficient market entry.”

Tokyo – SBI
Securities, the Japanese online securities companies, has
selected Broadridge Financial Solutions’
post-trade technology solution. Broadridge will support all core
transaction processing of fixed income securities for SBI
Securities as it expands its newest branch in Hong Kong to
facilitate the issuance of structured notes to its
clients.

Broadridge’s post-trade technology will enable
SBI Securities to grow its business in Hong Kong through a
straight-through processing capability that includes position
management and settlement. The solution can support SBI
Securities’ future growth strategy for other asset groups such as
equities and futures and options, both within the Asia Pacific
region and across markets globally.

“Broadridge has a proven reputation for helping
Japanese firms grow their businesses through international
expansion by leveraging the latest IT standards and providing a
best-in-class operational model,” said Hiroshi Kannoo, head of
Business Arrangement Development, SBI Securities. What
ultimately led us to Broadridge’s post-trade technology solution
was a combination of its broad market functionality,
international, multi-currency capabilities, and deep
international capital markets expertise. Broadridge will also
enable a fast-track deployment on a highly scalable modern
architecture.”

“We are committed to serving firms such as SBI
Securities, who seek to enhance their competitiveness by
expanding into new businesses and increasing their cost
performance through a fast and efficient market entry,” said
Akhter Khan, general manager, Asia Pacific, Broadridge. “It is a
privilege to have been selected by SBI Securities to support
their expansion through our proven functionality, continued
investment in technology, and our commitment to a world-class
standard of service.”

Broadridge supports its clients’ multi-currency
post-trade processing in over 70 markets and has demonstrated a
long-standing commitment to firms in Asia Pacific through ongoing
investments, most recently including connectivity to
Shanghai-Hong Kong Stock Connect, support for ISO20022 messaging
for Japan, and investments to support forthcoming settlement
infrastructure changes in Singapore also based on
ISO20022.