Broadridge and Finastra

Situation

New and changing regulatory requirements continue to challenge the financial services industry. Finastra wanted a single, strategic solution that could manage data from multiple sources and support evolving regulatory reporting requirements. The firm needed a technology partner to provide a specialized post-trade reporting solution that could consolidate their clients’ trade and transaction reporting while keeping implementation costs low.

Solution

Finastra chose Broadridge’s trade and transaction reporting solution for its Fusion Markets Regulatory Reporting tool, enabling banks to comply with trade reporting requirements. Integrating Broadridge’s tool into Finastra’s holistic solution enables clients to solve for a variety of financial instruments such as derivatives, bonds and money markets.

Benefits

Finastra’s trade reporting platform can manage the large amounts of data required by regulations such as MiFID II, providing clients with a robust compliance solution. In addition, Broadridge’s flexible data-agnostic platform enables the solution to address current and future reporting requirements, driving greater value to Finastra’s clients.