Broadridge Announces New Post-trade Processing Solution

​Fintech major Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has rolled out Post-trade FastStart, a new solution based on the company's post-trade processing platform.

The press release detailed that the new solution will offer features that are tailored to the needs of small- and mid-tier firms, including handling both domestic and foreign equity and bonds, stock lending, collateral management and real-time multi-currency, multi-market transaction processing.

In addition, Post-trade FastStart automates every aspect of the post-trade process from importing transactions to content verification, matching, sending to and receiving data from settlement institutions, interfacing with domestic and global markets, all the way to settlement of the trade.

​Danny Green, Head of Post-trade at Broadridge International, commented:“Brokerage firms are facing increasing client demand for a wider variety of products and services, while also dealing with rising system infrastructure costs, ongoing market and regulatory change, and increased risk due to inadequate legacy technology. Firms need to transform their operations to be ready for next for their clients and Post-trade FastStart can meet that challenge with minimal implementation time and a low-cost base.”