Broadridge, Technancial Partner for Post-Trade Offering in Futures, Options
Alliance aimed at improving operational efficiencies in the futures and options space.
![Deals news Deals news](/sites/default/files/styles/landscape_750_463/public/import/IMG/537/340537/handshake-contract-deal-agreement-business.jpeg.webp?h=c1fc7324&itok=hiiwFEw7)
Broadridge will combine its post-trade processing solution with TTC's real-time Janus margin engine.
The two firms came together as a result of their belief the industry continues to look for ways to upgrade systems and improve operational efficiencies in clearing, reporting and operational controls in the futures and options markets.
"The collaboration between Broadridge and TTC offers our mutual clients the ability to benefit from a superior, highly efficient exchange-traded derivatives capability with seamless process throughput," said Paul Clark, head of institutional product management for global technology and operations international at Broadridge, in a statement. "The solution is integrated with post-trade processing and operational control for other asset classes offered via Broadridge's global post-trade processing platform."
Mirko Marcadella, global head of business development for TTC, also added his thoughts on the new alliance in a statement. "Working with Broadridge enables us to provide industry participants with an opportunity to seamlessly implement a leading set of capabilities for exchange traded derivatives margin and operations," Marcadella said. "The integrated solution offers best-of-breed post-trade processing and leverages a real-time solution developed for use from pre-trade calculations through to calculating initial margin for reconciliations and payments."
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
Standard Chartered keeps faith with quantum experimentation
The bank is aiming to future-proof itself with the ability to adopt new technology at an early stage.
Waters Wrap: CME, Google and the pursuit of ultra-low-latency trading
CME Group and Google have announced Aurora, Illinois, as the location for the exchange’s new co-location facility. Anthony explains why this is more than just the next phase of the two companies’ originally announced project.
This Week: Genesis/Interop.io; S&P Global; Finos/OS-Climate and more
A summary of the latest financial technology news.
GenAI: US Fed reveals its five use cases
Internal sandbox used to assess viability and risks; coding and content generation on the agenda.
Natixis refines in-house interoperability model
The French asset manager has refined its canonical data model over the last decade, as the interoperability movement continues to evolve.
UK asset manager: AI in macro trading ‘very overblown’; useful for nowcasting
The managing partner of Fulcrum Asset Management said that the firm has been developing nowcasting tools that even central banks have consulted on.
The coming AI revolution in QIS
The first machine learning-based equity indexes launched in 2019. They are finally gaining traction with investors.
Deutsche Bank works on standardized protocols for asset tokenization
The bank is looking at its role as an asset servicer to ensure the safety of tokenized assets and investor protection. It plans to have a limited prototype by November.
Most read
- Zeros and ones: Industry contemplates T+0 as the next step
- Natixis refines in-house interoperability model
- IEX Cloud closure forces fintech clients to seek data alternatives