FREMONT, CA: Broadridge Financial, a provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers, announces the introduction of its Global Post Trade Management (GPTM) solution, a next generation offering that allows investment banks and broker-dealers to transform their operating models to gain operational and cost efficiency.
This product helps to streamline their operations across asset classes and improving financial and risk management as well as their regulatory compliance capabilities.
The GPTM solution has already been aided by a major investment bank. Aspects of the GPTM platform include that it serves as a consolidated enterprise platform that standardizes post-trade processing, and at the same time leverages componentized technology architecture, and helps eliminate duplicative work that can result when firms use multiple systems. Through GPTM, global banks and brokers will have greater transparency and real-time visibility on global trades, positions, and a consolidated sub-ledger, enabling greater financial and risk management and regulatory compliance.
GPTM is built on the foundation of Broadridge’s global capital markets expertise that helps financial institutions gain a significant operational advantage, removing multiple incumbent systems and complex deployments.
"Financial institutions globally are adjusting to a new market and regulatory landscape that requires more information and increased transparency for regulators, clients and their risk and finance functions," says Arin Ray, analyst, Global Financial Services Securities & Investments Group, Celent. "As a result, standardized and streamlined post-trade processing and management across all capital markets functions is increasingly critical. The GPTM solution is an innovative platform built on Broadridge's proven technology capabilities and decades of expertise and is designed to meet banks' current needs as well as provide a model for future strategic business growth."