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

Recorded Webinar: Data management for ESG requirements

Environmental, Social and Governance (ESG) investing is moving into the mainstream, requiring asset managers to develop ESG strategies that deliver for both the firm and its investors. While these strategies can outperform those that do not include ESG factors, there is no clear route to success in an immature market that is only just beginning...

BLOG

Reformis Adds Matrix IDM and NeoXam to Vendor Partner Programme

Reformis, a buy-side business transformation consultancy, continues to build out its vendor partnership programme with the addition of Matrix IDM’s cloud native data management software, and NeoXam’s Impress reporting solution. These join the company’s list of existing partners and products including IHS Markit’s EDM software, Snowflake’s cloud data platform, and Compliance Solution Strategies’ Accudelta product....

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

ESG Handbook 2021

A-Team Group’s ESG Handbook 2021 is a ‘must read’ for all capital markets participants, data vendors and solutions providers involved in Environmental, Social and Governance (ESG) investing and product development. It includes extensive coverage of all elements of ESG, from an initial definition and why ESG is important, to existing and emerging regulations, data challenges...