Baader Bank, a leading European partner for investment and banking services, has chosen Broadridge Financial Solutions, a global FinTech leader known for optimizing and delivering transformation and innovation across multiple jurisdictions, for its regulatory trade and transaction reporting solution.
The partnership between Baader Bank and Broadridge Financial Solutions is focused on addressing the evolving requirements of regulatory trade and transaction reporting across multiple jurisdictions. This collaboration aims to leverage Broadridge’s comprehensive reporting solutions to help Baader Bank navigate the complexities of the regulatory landscape, including MiFID, FinfraG, EMIR (Refit), and SFTR, ensuring compliance and operational efficiency.
Baader Bank offers a wide array of services, granting its clients access to various asset classes such as equities, bonds, derivatives, and funds/ETFs, in addition to primary market transactions. It combines trading and banking on a powerful platform, providing secure, automated, and scalable access to the capital market.
Broadridge Financial Solutions serves as a pivotal infrastructure for investing, corporate governance, and communications, facilitating better financial lives. It delivers technology-driven solutions that catalyse business transformation for a broad spectrum of clients, including banks, broker-dealers, asset and wealth managers, and public companies. Broadridge’s technology and operations platforms support the daily trading of more than $10 trillion in securities globally.
Broadridge General Manager, Regulatory Transaction Reporting Solutions Ben Cooling said, “We are thrilled to support Baader Bank by providing them access to our cutting-edge platform and expertise to transform its risk and compliance capabilities.
“As banks continue to grapple with the challenges of meeting complex regulatory demands, we are extremely proud that Broadridge continues to be the preferred technology partner for global financial institutions looking to simplify, transform and innovate across the trade lifecycle
Keep up with all the latest FinTech news here.
Copyright © 2024 FinTech Global