The deal will integrate EDS decision support tools with Northern Trust’s core technology platform, providing it with new data science capabilities.
The two firms stated they observed an 84% reduction in trade breaks and a significant reduction in non-value-added reconciliation work through the platform.
BNY Mellon predicts its new initiative will help traders predict approximately 40% of settlement failures in Fed-eligible securities.
Post-trade FastStart will automate every aspect of the post-trade process, according to Broadridge.
Axoni’s has raised a total $90 million, with existing investors Citi, Goldman Sachs, HSBC, JP Morgan and Wells Fargo also participating in the latest round.
FinTech provider launches ESG advisory service with its propriety data and technology, along with a partner from the sustainable investment space.
Cecabank deploys Broadridge’s proxy voting solution as Spanish government rolls out SRD II legislation.
The nation which has appealed to incumbent custodians targeting a crypto service offering has been lauded as the best environment for digital assets in the world.
Citi, CACEIS and SETL among those involve in an industry first as CBDC transaction and settlement takes place.
ATP joins Dutch pension fund PGGM and German asset manager Ampega which have gone live on SimCorp’s securities finance reporting solution.