NEW YORKOct. 6, 2021 / PRNewswire / – Itiviti, Broadridge Financial Solutions, Inc.’s (NYSE: BR) provider of flexible cross-asset trading solutions spanning the full trading lifecycle, has announced the integration of its NYFIX Matching solution with Broadridge’s portfolio, order and investment management system.
“The aftermarket space has always been defined by manual processes, but with shrinking technology budgets, many companies have been unable to meet these challenges,” said Ray tierney, president of Itiviti, a Broadridge company. “Now, less than six months after being acquired by Broadridge, Itiviti can deliver our automated NYFIX matchmaking solution for the allocation, confirmation and affirmation of transactions to more customers, helping them save money. ‘money and speed up the matching of transactions. This integration is a testament to the power of Broadridge’s capabilities, which can evolve to support customers today and tomorrow. “
The new solution will provide Broadridge customers with direct access to NYFIX Matching’s automated transaction allocation, confirmation and affirmation capabilities. Clients will have the ability to consolidate the matching of multiple asset classes on a single platform and match transaction details at a granular level, providing efficiency and cost benefits. NYFIX Matching’s FIX-based assertion occurs in near real time, transparently detects errors, minimizes costly transaction disruptions, and supports accelerated settlement cycles. Like most Itiviti products, this solution is multi-asset, global and fully hosted and offers a modern user interface. This is the first of many product integrations between Itiviti and Broadridge and is a convincing example of the strong synergies between the two.
Broadridge Investment Management Solutions supports buying clients through every stage of the transaction lifecycle, enabling streamlined transaction processing at a scale worthy of a global fintech leader with more than $ 5 billion in income.
To learn more about the benefits of the FIX-based post-trade processing solution, download the eBook here.
Broadridge Financial Solutions, Inc. (NYSE: BR), a global leader in $ 5 billion fintech, is a leading provider of investor communications and technology solutions to banks, brokers, investment managers. ‘assets and assets and to issuers of companies. Broadridge’s infrastructure underpins proxy voting services for more than 50% of public companies and mutual funds worldwide, and processes on average more than in the United States $ 9 billion fixed income and equity transactions per day. Broadridge is included in the S&P 500® Index and employs more than 13,000 associates in 21 countries.
For more information on Broadridge, please visit www.broadridge.com.
About Itiviti, a Broadridge company
Itiviti provides nearly 2,000 financial institutions worldwide with flexible, multi-asset trading solutions that cover the entire transaction lifecycle. Through its commitment to technological innovation, relentless pursuit of workflow efficiency and an entrepreneurial culture, Itiviti is disrupting the industry with highly scalable solutions that deliver unprecedented cost savings for customers. Itiviti was acquired by Broadridge Financial Solutions, Inc. (NYSE: BR), a world leader in FinTech and part of the S&P 500® Index, in May 2021.
For more information, please visit www.itiviti.com.
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Head of Investor Relations, Broadridge
Corporate Communications, Broadridge
SOURCE Broadridge Financial Solutions, Inc.