Broadridge Launches New Trading Solution to Simplify Trade Lifecycle

After its subsidiary LTX completed a successful migration​ of its corporate bond e-trading platform to Amazon Web Services (AWS), the global fintech leader Broadridge Financial Solutions, Inc. (Broadridge), announced the launch of a new trading solution designed to help clients make more informed trading decisions, reduce trading risks, and improve trading efficiency.

The new solution is built on a standard foundational integration solution with trade processing capabilities for the front, middle and back offices. It incorporates an enterprise integration layer and common data model that can be used across Broadridge's product portfolio as well as with third-party applications.

Justin Llewellyn-Jones, Head of Capital Market Product Strategy at Broadridge, said: "Broadridge's new solution marks a significant evolution in trading technology infrastructure.Currently, firms have several front, middle, and back-office systems that are typically integrated using numerous point-to-point connections each with their own data model, creating fragmentation and complexity. By using our unique ability to look across front, middle, and back as a whole, we are helping our clients solve pain points through trade lifecycle simplification. By utilizing our pre-integrated offering to simplify across the trade lifecycle, firms can simultaneously reduce risk, increase efficiency, enhance business growth and reduce costs by an estimated 20–30% in key areas."