This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Broadridge Launches Global Multi-Asset Securities Financing Solution

LAKE SUCCESS, N.Y., March 22, 2012 /PRNewswire/ --  Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has launched FinancePro®, a global, multi-asset, multi-currency securities financing solution.  This new offering will help financial institutions optimize their funding activities by enabling them to make better collateral decisions and efficiently scale their repo, treasury and securities lending desks. 

(Logo: )

Broadridge's FinancePro solution enables comprehensive tracking and management of positions throughout the entire lifecycle of a financing transaction.  The new Tri-party Allocation Simulator allows firms to optimize the collateral allocations within tri-party trades prior to submission to the clearing bank. This unique capability reduces the firms overall funding expense. 

FinancePro's innovative suite of reporting capabilities allows front-, middle- and back-office personnel to analyze and take action on information across a broad array of criteria, including: geographies, entities, currencies, business units, depositories, asset classes, counter-parties and many other categories.  This increased visibility into aggregated global positions will enhance Broadridge's clients' ability to optimize collateral and mitigate market and operational risk across legal or regional business entities.  Advanced workflow functions within FinancePro also allow sales, trading and compliance teams to review and approve financing transactions according to pre-defined thresholds and parameters.

"Given the rapidly changing regulatory and credit landscape, global financial institutions are expressing a greater need for sophisticated, high-quality solutions that will help them better manage and monitor their financing activity while reducing market, operational and counter-party risk," said J. Michael Hopkins, President, Securities Processing Solutions Fixed Income, Broadridge.  "Utilizing FinancePro, our clients will now have a comprehensive set of best-in-class tools that will enable them to successfully address these challenges."  

FinancePro seamlessly integrates with Broadridge's industry-leading securities processing solutions such as impact(SM), BPS® and Gloss as well as other front-, middle- and back-office systems.  A full suite of straight-through-processing adapters are available for executing inter-capital broker transactions.  FinancePro is designed to help you keep up with applicable regulatory requirements and tri-party reforms.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs