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About Broadridge

A Global Investment Bank Streamlines Trade Operations and Enhances Efficiency

Overcame precision challenges and achieved $1.3 million in savings with Broadridge's fee billing solution.

Client Overview:

  • Global Investment Bank / multi asset class coverage: FX, FXO, Fixed Income, Commodities, Bonds, Repos

Problems Faced:

  • Limited precision in trade-level fee calculations.
  • Insufficient reconciliation capabilities.
  • Accrual inaccuracies.
  • Complex front-to-back transaction cost analysis.
  • Data silos and fragmentation in legacy architecture.
  • Absence of dependable Management Information.

Broadridge Solution:

Broadridge's Fee Billing solution is tailored for sell-side firms, streamlining labor-intensive processes into a single, agile solution

  • Efficient expense fee calculation spanning multiple asset classes.
  • Precise trade and invoice-level reconciliation.
  • Robust Business Intelligence capabilities.
  • Industry-leading Managed Service offering.
  • Comprehensive audit trail for transparency.

Why Broadridge:

  • Minimal manual intervention, maximum STP throughout the trade lifecycle.
  • Versatile, handling multiple assets, currencies, and FX.
  • Scalable MSO team with deep industry expertise and broker relationships.
  • Precise calculations and reconciliations at both invoice and trade levels.
  • Transparent cost management.
  • Proven track record of cost savings.
  • Consolidation of global transaction operations.

Client Results:

  • Broker feedback showcasing reduced Aged Receivables balances.
  • Broker payment turnaround times reduced by 66%.
  • Lifetime savings exceeding $1.3 million.
  • KPI insights for effective rate negotiations with brokers.
  • Reduced headcount through our world-class Managed Service Offering.
  • Monthly reconciliation of over 550 broker invoices.
  • Comprehensive Management Information Reporting.

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+1 800 353 0103North America
+442075513000EMEA
+65 6438 1144APAC

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Want to speak with a sales representative?

Table Heading
+1 800 353 0103North America
+442075513000EMEA
+65 6438 1144APAC