Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that Danske Bank has selected Broadridge’s multi-asset trading and market-making solution, Tbricks, to support multi-asset trading, pricing and position management across all Danske Bank locations.
Tbricks offers a modular trading platform with a flexible user interface, powerful built-in functionality and a high degree of customization. Tbricks will integrate with Danske’s existing systems and enable the bank to scale and streamline operations, creating the ability to focus on strategic initiatives rather than technology management and providing long-term cost predictability.
“Implementing a managed solution from Broadridge’s Tbricks for multi-asset trading and market making presents us with the latest in trading technology, as well as a long-term partner that over time can expand our offerings in the equity and derivatives trading space” , Claus stated. Harder, Global Head of Markets & Transaction Banking at Danske Bank. “After a thorough review of other Fintech and capital markets solutions providers, we are excited to expand our long-standing relationship with Broadridge.”
Capital markets firms are increasingly looking for highly customizable, modular solutions that combine speed and accuracy with the flexibility required by today’s ever-changing financial markets. Broadridge’s multi-asset trading platform enables clients to use flexible systems that enable a high level of interoperability, allowing them to quickly adapt to changes, employ sophisticated trading strategies and capitalize on business opportunities.
“At Broadridge, we are committed to building a leading suite of innovative and scalable solutions across the trading lifecycle,” said Ofir Gefen, Managing Director EMEA and APAC, Broadridge Trading and Connectivity Solutions. “We are excited to expand our service offering to Danske Bank and enable them to offer enhanced front office transaction solutions for their customers. Today’s announcement further underscores Broadridge’s commitment to serving our customers across EMEA.”