Broadridge to boost international post-trade securities operations for Britannia Global Markets

By Megha Bhattacharya

Britannia Global Markets, a brokerage house and a subsidiary of Britannia Financial Group, has selected Broadridge to speed up its post-trade processing for its international securities business including cash equities, fixed income and repurchase agreements.

“With Broadridge as our partner, we will have a firm foundation for growth as we expand our securities business and deliver continued value to our clients,” said Ian Johnson, Chief Executive Officer of Britannia Global Markets. “Broadridge’s solution, backed by its high service standards and capital markets expertise, will help advance our operational efficiency and enable superior process controls.”

According to Broadridge, Britannia Global Markets will be offered with a multi-market platform for supporting future growth and respond to regulatory requirements. It will be deployed as an advanced, SaaS-based solution that enables the firm to benefit from a mutualised service that mitigates risk and underpins an enhanced client service.

“It is a privilege to have been selected by Britannia Global Markets as they continue to advance their services for international securities,” said Danny Green, General Manager for Post-Trade Solutions, Broadridge International. “We are fully committed to helping them to drive growth, optimise their operations and navigate the challenges of risk and compliance.”

Recently, Broadridge announced a collaboration with Hamburg-based payments consultancy and supplier, PPI AG in a bid to launch joint payments initiative for banks and financial institutions in Europe.