Broadridge Introduces New SaaS Platform for Institutional Clients to Expand Derivatives Trading Capabilities

The global Fintech leader Broadridge Financial Solutions, Inc. (Broadridge), announced on Tuesday (March 12) the launch of its global Futures and Options Software-as-a-Service (SaaS) platform to expand its existing derivatives trading capabilities, revolutionize order and execution management for sell-side institutions.

According to Broadridge, the SaaS platform is a comprehensive solution tailored for futures commission merchants (FCMs) and agency brokers, providing robust order and execution management capabilities, access to a diverse range of global listed derivatives markets along with comprehensive pre-trade risk management and middle office functionality.

Ray Tierney, President of Trading and Connectivity Solutions at Broadridge, said: "While existing systems often lack the flexibility required, Broadridge's Futures and Options platform stands out for its modular and flexible deployment capability, addressing industry demands head-on. We strongly believe this fully hosted solution is a significant step change in order and execution management for the derivatives markets, helping firms simplify and optimize trading."

Earlier this year, Broadridge also introduced OpsGPT​, a new tool aimed at assisting users in optimizing their post-trade lifecycle operations.