Case Study: Global Financial Services Firm achieves lower technology and operations costs with Broadridge

Reducing costs and optimizing operations with a modern technology platform

Global Financial Services Firm needed to replace aging proprietary technology for its U.S. equities and non-dollar business, while also preparing for T+2 settlement and rising regulatory demands. Rather than invest heavily in an outdated mainframe or use multiple providers, the firm turned to Broadridge for its post-trade processing technology and business process outsourcing services.

Broadridge delivered a shared, scalable platform and outsourced operations support for equities and fixed income post-trade processing, helping the firm convert smoothly and reduce risk. The solution lowered technology and staffing costs, mutualized regulatory expenses, and enabled the firm to transition from a fixed-cost model to a variable-cost model; the case study notes the firm faced potential annual compliance spend of $15 million to $20 million if it stayed in-house.