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 Releases Cloud-based Data Control Solution Set

Subscribe to our newsletter

Broadridge Financial Solutions has released a cloud-based data control solution set designed to help financial firms address the operational challenges of managing the lifecycle of transaction data. The solution set combines Broadridge’s reconciliation and matching solution with enhanced data analytics, multi-bank connectivity and flexible financial messaging.

The aim of the solutions is to provide an holistic approach to operational control over transaction data by using the company’s data control technology and services to allow firms to create control points across their operations to ensure data and system integrity, and accurate balance, position and transaction management. The solutions deliver not only confidence in operational and regulatory reporting, but also sophisticated analytics for real-time insight into critical and time-sensitive processes.

The cloud element of the solution set provides clients with the ability to scale and onboard new business requirements quickly and efficiently. The solutions can be delivered as independent applications or integrated with other Broadridge applications as a control layer. Broadridge’s existing reconciliation and matching customers will be able to access future releases of the data control solutions through existing maintenance services agreements.

Alastair McGill, general manager of data control solutions at Broadridge, says: “We’re focused on simplifying the process of creating control points across a broad array of data sources to satisfy operational and regulatory requirements, such as compliance with the Securities Financing Transactions Regulation (SFTR) and Customer Protection Rule SEC Rule 15c3-3.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Alteryx QnA: Automating Data and Analytics Transformations

California-based Alteryx has been helping financial institutions solve complex analytical tasks for more than a quarter of a century. Data Management Insight spoke to Jon Pexton, chief financial officer, to find out what drives the company and how its services benefit its clients. Data Management Insight: Hello Jon, when was Alteryx created and how does...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Managing Valuations Data for Optimal Risk Management

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...