Broadridge Financial Solutions has extended its cash management capabilities used in its global post-trade management (GPTM) offering.
The extension will allow users to optimise their capital across multiple asset classes including equity, fixed income, foreign exchange, money markets, exchange-traded derivatives and trade financing as well as increase efficiencies and agility.
Using the GPTM facilities enables the management of cash, payments and foreign exchange across asset classes and borders in real-time while also managing risk and liquidity across business entities.
“Leading firms now recognise the opportunity to improve profitability by standardising and streamlining their post trade processing systems and operational processes,” said Tom Carey, president of global technology and operations international at Broadridge.
“With integrated cash management, GPTM offers a unified real-time view of trade and cash position.”
Following its launch in May, the GPTM has been chosen by three financial institutions and has since been deployed for operations including equity and fixed income processing in EMEA and Asia Pacific regions.
“The signing of these three significant global firms, and the demand for the solution, demonstrate the evolution of the market and the relevance of our investments to our clients,” added Carey.