Fintech company Broadridge Financial Solutions, Inc. (NYSE:BR) has just announced that it has been selected by Liberty Securities Limited to streamline its post-trade processing for Hong Kong-listed equities and derivatives.
Liberty Securities is licensed by the Hong Kong SFC and is a participant of the Stock Exchange of Hong Kong. The company provides brokerage services to retail investors as well as high net worth individuals (HNWI) and institutional clients across Asia. Broadridge’s consolidated multi-asset solution will help Liberty Securities increase efficiency with the highest level of straight-through processing automation.
We are excited to work with Broadridge and implement its agile, simple out-of-box post-trade processing solution to replace our legacy solution. They are the right long-term partner, providing us with the flexibility we need to expand into new asset classes and markets going forward,” said Alan Cheung, Director at Liberty Securities. “Given our extensive reporting requirements, Broadridge’s ability to aggregate front-, middle- and back-office information into a single, customizable reporting and data management solution will dramatically improve data consistency and accuracy.
David Becker, head of Asia Pacific at Broadridge, commented:
We are delighted that Liberty Securities has chosen to use our post-trade processing solution in the Hong Kong market, leveraging our deep local expertise and global scale to bring more efficiency to its operations and help the company get ready for what’s next. Broadridge is focused on supporting our clients in Asia, helping them to grow their businesses, while navigating ongoing regulatory and market changes.
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