The full-service broker-dealer has implemented Broadridge's Securities Finance and Collateral Management solution.
The NYSE member wants to launch and grow its securities lending business
Americas
Executions (AmerX) has implemented Broadridge Financial Solutions' Securities
Finance and Collateral Management (SFCM) platform to support its newly launched
securities lending business.
AmerX Adopts Broadridge's
SFCM Platform to Launch Securities Lending Business
The SFCM
platform is designed to streamline AmerX's securities lending operations,
offering comprehensive tools for collateral management, trade lifecycle
management, and risk assessment. This integration is expected to enhance
transparency and ensure compliance with regulatory requirements.
"Broadridge's
advanced solution provides essential system functionalities that enable us to
offer new products and services addressing our clients' growing needs, which is
crucial for business growth,” Kevin Cryan, AmerX Managing Director and Head of
Securities Lending, commented.
The
adoption of Broadridge's technology comes at a time when the securities finance
sector is undergoing significant changes. Financial institutions are
increasingly shifting towards self-clearing models and introducing new products
to diversify revenue streams. The SFCM platform addresses these market trends
by offering workflow efficiency and pricing flexibility.
"SFCM's
comprehensive and scalable foundation will support AmerX in strengthening
operations and enabling growth in an ever-evolving financial landscape,” added Darren
Crowther, Head of Broadridge Securities Finance and Collateral Management.
As a
front-to-back SaaS solution, SFCM caters to both buy-side and sell-side
markets, covering securities lending, repo, and collateral trading. AmerX, which
operates under Lucid Capital Markets, is a member of the New York Stock
Exchange and is registered with the SEC and FINRA.
Broadridge’s Exec Moves
The company
has made several key executive appointments in recent months, strengthening its
global leadership team and positioning itself for continued growth and
innovation.
In August
2024, Simon Robertshaw joined Broadridge as the Chief Technology Officer for
Trading Solutions. Based in London, Robertshaw will oversee and advance the
company's front-office trading capabilities, encompassing both sell-side and
buy-side trading across various asset classes and jurisdictions.
Earlier, in
July, Broadridge appointed David Runacres as President of Asia-Pacific (APAC).
Based in Tokyo, Runacres will lead regional operations and serve as Senior
Country Officer for Japan, a crucial market in Broadridge's growth strategy.
June saw
the appointment of Roz Smith as Chief Operating Officer of Broadridge
International. Working from London, Smith will collaborate with Mike
Sleightholme, President of Broadridge International, to enhance the company's
global presence and customer service in the EMEA and Asia Pacific regions.
These
appointments follow the September hiring of Brian Pomraning as Chief Product Officer for Trading and Connectivity Solutions. Pomraning will lead the global product management organization and oversee the company's trading and
connectivity products and services.
Americas
Executions (AmerX) has implemented Broadridge Financial Solutions' Securities
Finance and Collateral Management (SFCM) platform to support its newly launched
securities lending business.
AmerX Adopts Broadridge's
SFCM Platform to Launch Securities Lending Business
The SFCM
platform is designed to streamline AmerX's securities lending operations,
offering comprehensive tools for collateral management, trade lifecycle
management, and risk assessment. This integration is expected to enhance
transparency and ensure compliance with regulatory requirements.
"Broadridge's
advanced solution provides essential system functionalities that enable us to
offer new products and services addressing our clients' growing needs, which is
crucial for business growth,” Kevin Cryan, AmerX Managing Director and Head of
Securities Lending, commented.
The
adoption of Broadridge's technology comes at a time when the securities finance
sector is undergoing significant changes. Financial institutions are
increasingly shifting towards self-clearing models and introducing new products
to diversify revenue streams. The SFCM platform addresses these market trends
by offering workflow efficiency and pricing flexibility.
"SFCM's
comprehensive and scalable foundation will support AmerX in strengthening
operations and enabling growth in an ever-evolving financial landscape,” added Darren
Crowther, Head of Broadridge Securities Finance and Collateral Management.
As a
front-to-back SaaS solution, SFCM caters to both buy-side and sell-side
markets, covering securities lending, repo, and collateral trading. AmerX, which
operates under Lucid Capital Markets, is a member of the New York Stock
Exchange and is registered with the SEC and FINRA.
Broadridge’s Exec Moves
The company
has made several key executive appointments in recent months, strengthening its
global leadership team and positioning itself for continued growth and
innovation.
In August
2024, Simon Robertshaw joined Broadridge as the Chief Technology Officer for
Trading Solutions. Based in London, Robertshaw will oversee and advance the
company's front-office trading capabilities, encompassing both sell-side and
buy-side trading across various asset classes and jurisdictions.
Earlier, in
July, Broadridge appointed David Runacres as President of Asia-Pacific (APAC).
Based in Tokyo, Runacres will lead regional operations and serve as Senior
Country Officer for Japan, a crucial market in Broadridge's growth strategy.
June saw
the appointment of Roz Smith as Chief Operating Officer of Broadridge
International. Working from London, Smith will collaborate with Mike
Sleightholme, President of Broadridge International, to enhance the company's
global presence and customer service in the EMEA and Asia Pacific regions.
These
appointments follow the September hiring of Brian Pomraning as Chief Product Officer for Trading and Connectivity Solutions. Pomraning will lead the global product management organization and oversee the company's trading and
connectivity products and services.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
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The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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From action-packed moments, insightful speaker sessions, the exclusive Opening Blitz, and immersive workshops, this video captures the energy and excitement of FMPS:24. Whether you attended or missed out, here’s your chance to experience the top moments that made FMPS:24 unforgettable.
🎬 Watch, share, and join the conversation!
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