Broadridge, Technancial partner to enhance post-trade offering for futures and options

Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers, today announces a partnership with The Technancial Company Ltd. (TTC).

The key aim of the partnership is to provide an enhanced post-trade offering for futures and options. Broadridge’s global post-trade processing solution will be combined with the advantages of TTC’s real-time JANUS Margin Engine. This collaboration will enable clients to leverage extended capabilities for exchange traded derivatives processing, including client clearing, while enabling consolidation of their post-trade operations across assets.

Paul Clark, Head of Institutional Product Management, Global Technology and Operations International, Broadridge, says,

“The collaboration between Broadridge and TTC offers our mutual clients the ability to benefit from a superior, highly efficient exchange traded derivatives capability with seamless process throughput. The solution is integrated with post-trade processing and operational control for other asset classes offered via Broadridge’s global post-trade processing platform. Our strategic alliance with TTC is a natural fit based on our shared focus to provide the highest levels of value and customer service to our clients.”

Mirko Marcadella, Global Head of Business Development, TTC, says,

“Working with Broadridge enables us to provide industry participants with an opportunity to seamlessly implement a leading set of capabilities for exchange traded derivatives margin and operations. The integrated solution offers best-of-breed post-trade processing and leverages a real-time solution developed for use from pre-trade calculations through to calculating initial margin for reconciliations and payments. We believe that our combined offering brings a gold standard solution to the futures and options marketplace.”

You can view the full announcement from Broadridge by clicking here.

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