Transforming, simplifying and optimizing the
trading and operations lifecycle while extending strategic
relationship
NEW
YORK and LONDON and
STOCKHOLM, Sept. 25,
2024 /PRNewswire/ -- Global Fintech leader Broadridge
Financial Solutions, Inc. (NYSE: BR) today announced that
Skandinaviska Enskilda Banken AB (SEB) is leveraging Broadridge's
international post-trade processing solution to simplify and
streamline its securities business across international and
domestic markets.
"As a leading European bank with operations in more than 20
countries, and servicing a global client base, it was important for
us to partner with a technology partner that can enable our global
post-trade operations to be best in class," said Kristian Gårder,
co-head of Equities, SEB. "Broadridge is a tech leader that
has enabled us to advance from discrete, asset-specific systems to
a unified and strategic solution that delivers increased
simplification, frictionless workflow efficiency, real-time
business-wide management controls, and the ability to respond
effectively to new market requirements and our customers' evolving
needs."
SEB is an established, long-standing user of Broadridge's front
and middle office solutions for order management, trade execution
and allocation, and has now extended for post-trade processing. As
a result, the bank now benefits from a strategic front to
back-office infrastructure that simplifies and optimizes trading
workflows and operations across international markets with
advanced, straight-through solutions that deliver efficiency, scale
and resilience at every stage of the securities trade
lifecycle.
"We are excited to support SEB across its full trade lifecycle,
bringing transformation and innovation across its securities
businesses in the Nordic region and the wider international
markets," said Danny Green, Head of International Post-Trade
Solutions, Broadridge. "In today's markets, investing in
post-trade efficiency is of paramount importance, and leading firms
such as SEB are now in a stronger position to tackle the combined
challenges of shrinking settlement periods, regulatory change and
client service differentiation, while optimizing cost/income ratios
and reducing risk.
Broadridge is focused on optimizing trading and connectivity,
simplifying post-trade and delivering transformation and innovation
for clients. To find out more about Broadridge's solutions for the
trade lifecycle, visit our website.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with over $6 billion in
revenues, provides the critical infrastructure that powers
investing, corporate governance, and communications to enable
better financial lives. We deliver technology-driven solutions that
drive business transformation for banks, broker-dealers, asset and
wealth managers and public companies. Broadridge's infrastructure
serves as a global communications hub enabling corporate governance
by linking thousands of public companies and mutual funds to tens
of millions of individual and institutional investors around the
world. Our technology and operations platforms underpin the daily
trading of more than $10 trillion of
equities, fixed income and other securities globally. A certified
Great Place to Work®, Broadridge is part of the S&P 500® Index,
employing over 14,000 associates in 21 countries.
For more information about us, please visit
https://www.broadridge.com/.
About SEB
SEB is a leading northern European financial services group with
international reach. We exist to positively shape the future with
responsible advice and capital, today and for generations to come.
By partnering with our customers, we want to be a leading catalyst
in the transition to a more sustainable world. In Sweden and the Baltic countries, SEB offers
financial advice and a wide range of financial services. In
Denmark, Finland, Norway, Germany and the United Kingdom, we have a strong focus on
corporate and investment banking based on a full-service offering
to corporate and institutional clients. The international nature of
SEB's business is reflected in our presence in more than 20
countries worldwide, with around 18,000 employees. At 30 June 2024, the Group's total assets amounted
to SEK 4,152bn while assets under
management totalled SEK 2,666bn. Read
more about SEB at sebgroup.com.
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg
Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.