Research shows majority of participants are still relying on manual corporate actions processes, with a pressing industry need for automation and quality corporate actions data.
The fund administration landscape is changing as consolidation continues, client demands evolve and technology needs increase. Eric Bernstein, president at Broadridge Asset Management Solutions gives his take on the different approaches of providers in this space.
Direct Market Solutions expands to cover 50% of global meetings, improves market voting deadlines and lowers costs to custodians, says Broadridge.
Broadridge to fully consolidate Alpha Omega’s post-trade matching solution into its existing NYFIX connectivity and FIX infrastructure.
The partnership will enable asset management clients to better consolidate and analyse their trading and portfolio data.
CACEIS will use Broadridge’s enhance Global Proxy Voting platform for its German domestic and cross-bprder custody operations.
The expanded partnership will help facilitate the clearing and settlement of both Shenzhen- and Shanghai-listed equities.
The new platform utilises smart contracts and distributed ledger technology, a move that could potentially transform the repo market.
The latest update to the platform adds connectivity to existing industry tools and technologies.
New Broadridge head of Asia-Pacific brings over 20 years of experience working in the region, most recently as global head of operations and business services at TD Ameritrade.