Portigon Financial Services Selects Broadridge For Post-Trade Processing

Portigon Financial Services, a portfolio service provider, is using Broadridge’s post-trade processing solution across its exchange-traded securities and derivatives.

Portigon, which is based in Düsseldorf, New York and London, is deploying the solution within its German domestic and international businesses. This approach enables the provider to enhance its operational efficiency, by unifying domestic and cross-border flows.

This consolidates its previous separate post-trade processes across asset classes into a single, streamlined solution.

The service provider is now fully integrated into Broadridge’s EMIR Regulatory Reporting services. “Broadridge has helped transform the economics of our operational model, and will enable us to increase the quality, standardisation and functionality of our service as we support our client base and take on new business,” says Klaus Bremges, COO of Portigon.

Portigon’s solution includes full middle- and back-office transaction processing across asset groups. Its services therefore cover trade reporting, settlement, processing of confirmations and corporate actions, amongst other areas.