Broadridge Financial Solutions, Inc. announced that UBS Securities Canada Inc., a subsidiary of UBS AG, has implemented Broadridge’s BPS Canada service as part of UBS’s integration of its North American equities operations platform.
Broadridge’s BPS Canada service is a global solution that provides clients with a cost-effective processing platform, offering numerous benefits including multiple currency account structure, year-end tax processing, and BPSA real-time data repository.
James Stuart, Chief Operating Officer of UBS Securities Canada Inc., commented, “The integration of our cash equities clearing platform has significantly improved our efficiency, and permits us to leverage UBS’ international operations infrastructure more effectively.”
Michael Dignam, President, Securities Processing Solutions – Canada, Broadridge, noted, “We are pleased to be able to assist UBS Securities Canada Inc. in their efforts to streamline operations and provide them with the functionality to process on one North American platform, while simultaneously reducing costs.”
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