CGS International Securities Implements Broadridge SFCM Solution to Expand Securities Finance Capabilities

The global Fintech leader Broadridge Financial Solutions, Inc. (Broadridge) today announced that CGS International Securities Pte. Ltd. (CGS International), a leading integrated financial services provider in Asia, has implemented Broadridge's Securities Finance and Collateral Management (SFCM) platform to elevate its securities finance offering.

According to the press release, the SFCM platform is a front-to-back SaaS solution for securities finance, used widely across the global buy- and sell-side securities lending, repo, and collateral trading markets.

The single platform enables CGS International to minimize costs via automation as well as simplify workflows and exception-based processes.

"Providing a wide range of products and services to cater to the diverse needs of our clients is a strategic imperative for CGS International," said Ademola Olopade, Group Head of Prime Brokerage and Wealth Solutions at CGS International. "Broadridge's solution enables us to introduce additional functionalities and scalability according to our business needs, and helps us to optimize workflows for our customers."

"We are delighted to have welcomed CGS International to our expanding clientele in the Asia-Pacific region," said Darren Crowther, Head of Securities Finance and Collateral Management Solutions at Broadridge. "In the dynamic landscape of securities finance, financial institutions must adeptly respond to emerging market trends, diversify revenue streams, and accommodate a growing customer base. The Broadridge SFCM platform enables CGS International to scale easily to further expand their business by region or business entity, and also positions them to effectively navigate evolving market dynamics and regulatory demands."