Fintech
AmInvestment Bank Enhances Securities Finance Services with Broadridge to Increase Client Value
To transform and expand its primary brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, Investment Bankan Ambank Group company and one of the largest banking groups in Malaysia, has deployed the global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) Securities and Collateral Management Platform to enable their securities lending and borrowing product offerings. This unique platform enables AmInvestment Bank to simplify and innovate trading, manage collateral, and manage trading lifecycle events while seamlessly integrating with their existing systems.
“An increasingly sophisticated and volatile market has made securities financing an important focus of our growing prime brokerage business,” said Ms. Tracy Chen Wee Keng, Chief Executive Officer of AmInvestment Bank. “Broadridge’s solution has a strong track record of providing industry-leading systems that will provide a better experience for our clients. Additionally, we are now able to manage the operational aspects of securities lending more effectively, within a controlled and scalable environment, positioning us for strong future growth and adaptability to changing market dynamics.”
“We are excited to enable AmInvestment Bank to expand its securities financing capabilities in the APAC region,” said Darren Crowther, head of securities finance and collateral management solutions at Broadridge. “The financial landscape is rapidly evolving and our Securities Financing and Collateral Management platform is designed to help forward-thinking institutions like AmInvestment Bank stay ahead of the curve in the market. This implementation is particularly significant as it addresses the growing need for sophisticated financial solutions in the context of emerging markets opening up and evolving equity lending arrangements.”
Broadridge simplifies and innovates trading in a complex ecosystem through global, scalable solutions. The Securities Financing and Collateral Management Platform is a feature-rich, front-to-back SaaS solution for securities financing, widely used in global buy-side and sell-side securities lending, repo and collateral trading. This innovative solution offers firms the ability to enhance their existing securities financing activities and expand into new markets and global opportunities, with a fully scalable foundation for business growth.