Categories: Analysis

AmInvestment Bank uses Broadridge for securities financing solution

In order to transform and expand its prime brokerage businesses and as part of its broader efforts to enhance and enhance value for its customers, AmInvestment Bank, an Ambank Group company and one of the largest banking groups in Malaysia, has announced the global Fintech leader Broadridge deployed Financial Solutions, Inc. (NYSE: BR)’s securities financing and collateral management platform to deliver its securities lending and borrowing product offerings.

This single platform enables AmInvestment Bank to simplify and innovate trading, managing collateral and processing trading lifecycle events while seamlessly integrating with its existing systems.

“An increasingly demanding and volatile market has made securities financing a key focus of our growing prime brokerage business,” said Ms. Tracy Chen Wee Keng, Chief Executive Officer of AmInvestment Bank. “Broadridge’s solution has a strong track record of delivering industry-leading systems that will deliver a better experience for our customers. Additionally, we are now able to more effectively manage the operational aspects of securities lending in a controlled and scalable environment, setting us up for robust future growth and adaptability to evolving market dynamics.”

“We are pleased to enable AmInvestment Bank to expand its securities financing capabilities in the APAC region,” said Darren Crowther, Head of Securities Finance and Collateral Management Solutions at Broadridge. “The financial landscape is rapidly evolving and our securities financing and collateral management platform is designed to help forward-thinking institutions like AmInvestment Bank stay at the forefront of the opening of emerging markets and evolving equity lending arrangements.”

Broadridge simplifies and innovates commerce in a complex ecosystem through global, scalable solutions. The Securities Financing and Collateral Management platform is a feature-rich front-to-back SaaS securities financing solution widely used in the global buy-side and sell-side securities lending, repo and collateral trading markets. This innovative solution gives companies the ability to enhance their existing securities financing business and expand into new global markets and opportunities, with a core foundation that is fully scalable for business growth.

David Brooks

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