Case Study: Leading Multi-National Bank improves reconciliation efficiency and reduces risk with Broadridge

Legacy System Migration Advances Strategic Operational Roadmap at France-Headquartered Bank

Leading Multi-National Bank, a France-headquartered international bank in cross-border trade finance, needed to replace a legacy reconciliation system that was no longer meeting quality standards and was creating operational risk. The bank also wanted to reduce the high cost of maintaining the old platform and create a more strategic roadmap for data and process control. Broadridge was selected as the strategic partner, providing a unified reconciliation and matching solution.

Broadridge implemented a single, centralised platform on-site at the bank, giving the firm a real-time enterprise view, improved automation for exception handling, and configurable screens to minimise change management. The bank went live within 60 days of project inception, achieving better operational efficiency, transparency, service levels, and reduced risk, while positioning itself for future growth and regulatory requirements.