Israel-Based Phoenix Taps Broadridge OMS to Drive International Institutional Trading Expansion

Broadridge Financial Solutions, Inc. (Broadridge), a global Fintech leader, today announced that Phoenix Investment House, the capital market, brokerage, and fund management arm of Phoenix Holdings, a leading Israel-based insurance, asset management, and financials group ("Phoenix"), has selected Broadridge's Order Management System (OMS) to drive its expansion of international institutional trading on the Tel Aviv Stock Exchange (TASE).

"We are proud to offer direct market access to the Tel Aviv Stock Exchange to our clients, fully managed and hosted by Broadridge in the London Data Center environment," said Elad Burshtein, CEO of Phoenix’s Brokerage and Portfolio Management platform. "Broadridge’s solution significantly improves the toolkit available to international clients wishing to access the TASE. This strategic partnership is a sign of our commitment to innovation, client service and strategic value creation within Israeli capital markets. This initiative will facilitate greater access for international institutions to the Israeli capital market."

"With advanced trading tools and reliable technology, Broadridge’s fully hosted OMS will enable Phoenix to deepen its already distinctive institutional value proposition," said Ofir Gefen, Managing Director EMEA and APAC, Broadridge Trading and Connectivity Solutions. "Israel is an important market for Broadridge in EMEA, and we are looking forward to a long-lasting relationship with Phoenix.“”