Baader Bank AG has chosen global Fintech leader Broadridge Financial Solutions, Inc.'s (NYSE:BR) solution for its regulatory trade and transaction reporting.
The agreement further extends Broadridge’s strategic relationship with the bank, which is a user of Broadridge’s front and middle office suite of solutions for order management, trading and market connectivity.
Baader Bank offers its clients access to a full spectrum of asset classes including equities, bonds, derivatives, and funds/ETFs, as well as primary market transactions. Broadridge’s platform supports the bank to effectively meet the evolving requirements across multiple jurisdictions due to today’s fast changing regulatory landscape, including MiFID, FinfraG, EMIR (Refit) and SFTR. Baader Bank will adopt Broadridge’s holistic reporting solution that will ensure a more unified and comprehensive regulatory reporting framework.
“We are thrilled to support Baader Bank by providing them access to our cutting-edge platform and expertise to transform its risk and compliance capabilities,” said Ben Cooling, General Manager, Regulatory Transaction Reporting Solutions at Broadridge. "As banks continue to grapple with the challenges of meeting complex regulatory demands, we are extremely proud that Broadridge continues to be the preferred technology partner for global financial institutions looking to simplify, transform and innovate across the trade lifecycle."
By on Thu, 21 Mar 2024 12:24:00 GMT
Original link