SBI SECURITIES centralizes settlement operations with Broadridge

Posted: October 6, 2021 at 7 a.m. EDT|Update: 22 hours ago

TOKYO, 20 October 2021 / PRNewswire / – To improve customer service and further automate operations across all lines of business, SBI SECURITIES Co., Ltd., one of the from Japan largest online securities firms, has extended its business relationship with Broadridge Financial Solutions, Inc. (NYSE: BR), a global leader in Fintech. SBI SECURITIES migrates the post-trade operations of its Hong Kong and Singapore companies serving Broadridge’s cloud-based ASP in Asia and adds new services to automate the confirmation and output of statements to customers. In addition, SBI SECURITIES will leverage Broadridge’s SWIFT Service Bureau to automate global SWIFT messaging workflows directly with its custodian, enabling them to outsource the entire post-trade processing value chain. at Broadridge.

“To provide attractive investment opportunities to our clients with one of the lowest commission systems in the industry, we are working with Broadridge to continue the digital transformation of our post-trade and SWIFT workflows,” said Ichiro Takahashi, Head of Global Operations at SBI SECURITIES. “Broadridge’s global and multi-asset capabilities, along with its local presence and expertise in the unique and complex requirements of Japan and Asian markets has been a winning combination for us in support of our business growth plans. We are excited to serve our customers more efficiently by taking advantage of the flexibility, scalability and resiliency of Broadridge’s latest ASP service. “

“We are very excited to deepen our relationship with SBI SECURITIES and offer the pooling benefits of the Broadridge platform, including cost savings, simplified compliance to market changes, increased resilience, which will enable them in turn, free up time and resources to focus on differentiated activities. activities for their customers ”, declared Ian strudwick, general manager, head of Asia Pacific at Broadridge. “Our ASP solution enables SBI SECURITIES to centralize their settlement operations, accelerate their migration to the cloud and ensure that they always have access to the latest versions of our world-class technologies and increased automation for better serve their customers in the region. We will continue to innovate for our customers with new all-in-one solutions such as the recently launched Post-trade FastStart that reduce costs, simplify implementation and accelerate time to market. “

SBI SECURITIES has been an innovator and pioneer of full online securities since the beginning of its internet trading service in October 1999, offering attractive investment opportunities via a secure transaction environment to investors. In addition to domestic stocks, the product line extends to investment trusts, foreign stocks, futures and options, currencies (foreign exchange margin trading), domestic and foreign bonds to meet the diverse needs of investors. investors. The firm is constantly strengthening its presence in the securities sector by Japan and globally and working with Broadridge as a global partner with multi-asset capabilities has been critical to its growth strategy.

About SBI SECURITIES

SBI SECURITIES Co., Ltd., (TSE JQ 8701) is one of from Japan leading securities companies with ordinary income of more than 62 billion yen, focused on the online securities business under the umbrella of SBI Holdings, head office located in Roppongi, Minato-ku, Tokyo. SBI SECURITIES is the leader in the securities industry in terms of number of accounts, assets on deposit and individual brokerage fees. In addition to providing brokerage services for domestic and foreign stocks and bonds, investment trusts, futures, etc., SBI has also played a crucial role in the proliferation of digital securities enabling buying and selling. small digital securities issued by real estate and unlisted companies. Currently, it is strengthening its presence not only in the online securities industry, but also in the securities industry as a whole, strongly promoting the expansion of its wholesale business by strengthening the underwriting of IPOs and POs, companies / financial institutions and institutions abroad. Business.

For more information on SBI SECURITIES, please visit https://www.sbisec.co.jp

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a world leader in FinTech with $ 5 billion in revenue, provides the essential infrastructure that powers investment, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, brokers, asset and wealth managers and public companies. Broadridge’s infrastructure serves as a global communications hub for corporate governance by connecting thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technological and operational platforms underpin the daily exchanges of over US $ 9 trillion global equities, fixed income and other securities. Great Place to Work® certified, Broadridge is included in the S&P 500® index and employs more than 13,000 people in 21 countries. For more information about us, please visit broadridge.com.

Investors:

W. Edings Thibault

Investor Relations

+1 516-472-5129

Media:

Business communication

+1 212-918-6966

View original content to download multimedia:

SOURCE Broadridge Financial Solutions, Inc.

The above press release has been provided courtesy of PRNewswire. The views, opinions and statements contained in the press release are not endorsed by Gray Media Group and do not necessarily state or reflect those of Gray Media Group, Inc.