Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that SBI SECURITIES Co., Ltd. has chosen Broadridge’s post-trade solution to launch share broking services to UK clients through its subsidiary SBI Shinsei International Limited.
This is in addition to the existing relationship with Broadridge to handle Japanese equity transactions in Hong Kong and Singapore. SBI Shinsei International Limited will also leverage Broadridge’s Swift Service Bureau to automate Swift messaging workflows with its custodian.
“Broadridge has proven to be our partner of choice as we grow our business globally. Building on our existing relationship in Hong Kong and Singapore, Broadridge has demonstrated a deep understanding of our requirements for global expansion. This allowed us to enter the UK market quickly and confidently, while leveraging the benefits of our existing ASP cloud environment,” said Ichiro Takahashi, Head of Global Operations at SBI SECURITIES. “Using Broadridge’s global standard for post-trade processing and Swift workflows allows us to provide attractive opportunities to SBI SECURITIES clients as we expand globally.”
“We are very excited to further extend our relationship with SBI SECURITIES for the benefit of their UK clients,” said Mike Sleightholme, chairman of Broadridge International. “Broadridge is committed to providing a leading suite of innovative and globally scalable solutions to our customers across the commerce lifecycle to help simplify and innovate transactions. Our global footprint and track record enables clients like SBI SECURITIES to streamline operations across entities, gain cost efficiencies and grow revenues by rapidly delivering differentiated services to their clients.”