Broadridge Financial Solutions has introduction Global Post Trade Management (GPTM) solution, a next generation offering that allows investment banks and broker-dealers to transform their operating models to gain operational and cost efficiency. The solution enables transformation by streamlining operations across asset classes, markets and business entities globally, and enhances banks’ and brokers’ financial and risk management and regulatory compliance capabilities. The solution leverages a new componentized technology architecture to provide financial institutions with a consolidated enterprise platform that standardizes post-trade processing, eliminating duplicative operations and information silos and reducing processing and support costs. GPTM can be deployed as a technology service or a fully outsourced Managed Service, including operations and technology functions from trade capture through matching and confirmation, clearance and settlement, cash management, reconciliations, asset servicing, books and records, accounting and regulatory reporting. Broadridge global technology and operations president Charlie Marchesani said the global investment banks are facing unprecedented regulatory and cost pressures and require solutions that allow them to consolidate duplicative operations, systems and processes to gain business efficiencies and improve profitability. GPTM is a transformative platform that helps financial institutions gain a significant operational advantage, removing multiple incumbent systems and complex deployments, he said.
