Case Study: Global Financial Services Group achieves improved compliance and reconciliation efficiency with Broadridge

Modernized Solution Helps European Bank Enhance Compliance

Global Financial Services Group, the asset management division of a global financial services organization with strong presences in South America and Southern Europe, needed a single, cost-effective, user-friendly reconciliation solution. Their legacy in-house systems were outdated and inflexible, forcing many manual processes and creating audit and compliance concerns.

Broadridge implemented its Data Control Solutions and Broadridge Reconciliation platform to modernize and automate the client’s reconciliation environment. The new solution delivered consistent, normalized data, parallel processing with load balancing, and full audit trails, helping the client go live quickly with new reconciliations and expand to more complex ones over time. Results included an 80% reduction in exception management duration, improved matching rates, and greater self-sufficiency for the client’s team.