About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Broadridge Details Rollout of Collateral Management Modules

Subscribe to our newsletter

Broadridge Financial Solutions has beaten its deadline to bring collateral management products based on Lombard Risk Management’s technology to market and set out plans covering development of the product line.

The company made its alliance with Lombard Risk public at the end of March 2014 and said products would follow at the end April or early May, but in a shorter timeframe it has introduced CollateralPro, a global solution with an optional optimisation module that can be either licensed for in-house deployment, integrated with Broadridge or other vendor systems, or used as a managed service. Commenting on the accelerated timeline, Jerry Friedhoff, managing director of Securities Financing and Collateral Management at Broadridge, says: “Many market participants are making decisions on collateral management so there was no time to waste in bringing our solutions to market.”

Broadridge’s first CollateralPro module is available immediately and builds on the knowledge invested in its FinancePro securities financing solution and Lombard Risk’s OTC derivatives capability to deliver a collateral management solution covering fixed income and OTC derivatives. A second module, which is due to be delivered within the next three moths, will cover equity securities lending and repo business. Longer term, Broadridge has a foreign exchange collateral management solution scheduled for release in early 20145 and has put exchange traded funds on the roadmap it shares with Lombard Risk.

The company suggests CollateralPro improves on solutions from other providers by being real-time rather than batch operated, and based on a single global database rather than multiple regional databases. These aspects allow firms to manage and allocate assets globally while meeting the requirements of local regulation.

Friedhoff expects the addition of CollateralPro to Broadridge’s global infrastructure and support network to be attractive to global clients that could benefit from a single vendor solution. He also sees traction beyond the company’s traditional sell-side client base and explains: “We are experiencing interest in CollateralPro from buy-side firms that are interested in collateral management. These firms are outside our usual client base and include asset managers and insurance companies that must collateralise their assets and mitigate counterparty risk on a daily basis.”

Returning to market participants’ decisions on collateral management solutions, he concludes: “We see a lack of confidence around collateral management with issues being raised around regulatory change, profitability and options on technology solutions. Broadridge is in a good position to resolve these issues and remove the lack of confidence and risk in the collateral management space.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Clearwater Looking to Bridge Front-to-Back Office Tech Gaps with Acquisitions

It’s difficult for data and technology companies to fully service financial institutions’ front-to-back operations when behemoth providers are offering closely integrated capabilities at scale already. Clearwater Analytics, however, has a strategy that it believes will work not by necessarily competing with the big aggregators, but by working with them and filling gaps that they don’t...

EVENT

Buy AND Build: The Future of Capital Markets Technology

Buy AND Build: The Future of Capital Markets Technology London examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...