Broadridge broadens post-trade offer

Broadridge Financial Solutions has broadened its Global Post-Trade Management (GPTM) solution, adding exchange-traded derivatives functionality through the acquisition of Dojima LLC.

“This strategic expansion of our futures and options offering is an important addition to our GPTM roadmap, enabling us to offer a broader, tightly-integrated global post-trade processing solution for investment banks and brokers,” said Tom Carey, president, Global Technology and Operations International, Broadridge.

“It demonstrates the continuing, strong market traction of our solution globally, which in the last year included the adoption by leading brokers in North America, Japan and Germany. We are delighted to welcome the talented Dojima team, who has deep domain experience in this market,” Carey said.

Broadridge adds that Global Post-Trade Management can be deployed as a technology platform or fully outsourced managed service, delivering operational and technological functions from trade capture through matching and confirmation, clearance and settlement, cash management, reconciliations, asset servicing, books and records, accounting and regulatory reporting.