FIS (NYSE: FIS) has been selected by MUFG Securities (Canada), Ltd. (Musc) to dominate her work in back-office.
As a broker who provides services to institutional customers in Canadian capital markets, MUSC has chosen the post-commercial processing platform to help rationalize back-office work, mitigate the risk and ultimately help to unlock business growth.
“Brokers are in greater pressure than ever when it comes to headings, such as increased regulatory control, technology costs, impaired competitors and thinner margins,” said Nasser Khodri, head of commercial employee and president of Capital Markets in FIS. “MUFG Securities (Canada), Ltd choosing post -trade solutions, however, is indicative of the way we deal with these issues and improve the world’s money flows at work.
The post -trade platform after FIS is a safe and real -time post -commercial processing platform. By reinforcing real-time brokers in commercial settlements, confirmations and accounting, the platform helps not only increase businesses for brokers, but also enhances the confidence and transparency for the institutional investors they serve.
With a flexible, cloud-native architecture, the MUSC will also be able to escalate the capabilities of the platform as needed-by impacting FIS’s commitment to unlock the economic technology that promotes the way people pay, banks and investment.