Britannia Global Markets Taps Broadridge for Post-Trade Processing

Broadridge Financial Solutions (NYSE:BR) announced on Tuesday its partnership with Britannia Global Markets for providing post-trade processing services to Britannia’s international securities business.

The brokerage's offers range in several markets, including cash Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term, fixed income, and repurchase agreements.

The press release detailed that Broadridge will provide Britannia with a multi-market platform with the inherent scale and agility to support future growth and respond to regulatory requirements.

The solution will be integrated as an advanced SaaS and will enable Britannia with a mutualized resilient service mitigating risk and underpinning a superior client service.

Commenting on the partnership, Britannia Global Markets’ CEO, Ian Johnson said: “With Broadridge as our partner, we will have a firm foundation for growth as we expand our securities business and deliver continued value to our clients. Broadridge's solution, backed by its high service standards and capital markets expertise, will help advance our operational efficiency and enable superior process controls.”

A Leader in Post-Trade Processing

Headquartered in New York, Broadridge offers investor communications and technology solutions to banks, broker-dealers, asset and wealth managers, and corporate issuers. The company processes over $8 trillion in fixed income and equities trades every day and is currently valued at $4 billion.

Earlier this year, the company introduced an AI-driven corporate bond trading platform, which was developed in partnership with Tradeweb Markets’ founder, Jim Toffey.

“It is a privilege to have been selected by Britannia Global Markets as they continue to advance their services for international securities,” Danny Green, Broadridge International’s general manager for post-trade solutions, added. “We are fully committed to helping them to drive growth, optimize their operations, and navigate the challenges of risk and Compliance Compliance In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a In finance, banking, investing, and insurance compliance refers to following the rules or orders set down by the government regulatory authority, either as providing a service or processing a transaction. Compliance concerning finance would also be a state of being following established guidelines or specifications. This designation can also encompass efforts to ensure that organizations are abiding by both industry regulations and government legislation. Understanding ComplianceCompliance is a Read this Term.”