The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

Broadridge Signs Strategic Alliance with Oracle for Mantas Compliance Solution

Representing its third partnership agreement this month, Broadridge Financial Solutions has signed another strategic alliance, this time with Oracle Financial Services Software to offer a best practices compliance solution for financial institutions using Oracle Mantas. Under this new agreement, Broadridge hopes to offer financial institutions a one stop shop for compliance via a managed solution that combines its outsourcing offering with the Oracle Mantas Behaviour Detection Solution.

Broadridge will market this solution, which it says will assist in the reduction of costs and complexity associated with compliance and help these firms to improve productivity. “This comprehensive web-based service will offer our clients unprecedented transparency and visibility across both their data and process activities on a cost efficient basis,” claims Marshall Levin, vice president and general manager of Broker Dealer Business Solutions at Broadridge.

The solution is targeted at identifying problematic activities related to customer interactions and trading abuses, as well as meeting compliance and risk management needs, says Broadridge. It will also integrate technology for data aggregation and data quality offered by Investigo, which was acquired by Broadridge in July last year.

Given the downward pressure on budgets and the significant reduction in headcounts, many firms have opted for ASP or outsourced solutions as quick wins in their back office operations over the last few months. Broadridge is seemingly hoping to piggyback on this trend with this new offering and given the high profile of regulation at the moment, it is likely to see some interest at least.

Related content

WEBINAR

Upcoming Webinar: Leveraging data lineage to deliver tangible business benefits

Date: 30 March 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Data lineage is central to data quality, accuracy and access. It is also essential to understanding your data and data flows, systems from simple applications to multiple business intelligence solutions, and how people in your organisation are using data....

BLOG

HUB Cloud Platform Aims to Transform Asset Management Operating Model

The HUB technology company set up by PIMCO, Man Group, IHS Markit, State Street, Microsoft and McKinsey & Company promises a utility style cloud-based platform designed to transform asset managers’ middle and back office operating processes, and accelerate them towards a digital operating model. This should reduce cost and mitigate risks, and leave asset managers...

EVENT

TradingTech Summit London

The TradingTech Summit in London brings together European senior-level decision makers in trading technology, electronic execution and trading architecture to discuss how firms can use high performance technologies to optimise trading in the new regulatory environment.

GUIDE

RegTech Suppliers Guide 2020/2021

Welcome to the second edition of A-Team Group’s RegTech Suppliers Guide, an essential aid for financial institutions sourcing innovative solutions to improve their regulatory response, and a showcase for encumbent and new RegTech vendors with offerings designed to match market demand. Available free of charge and based on an industry-wide survey, the guide provides a...