Baader Bank Selects Broadridge for Regulatory Trade and Transaction Reporting

Baader Bank selects Broadridge for regulatory trade and transaction reporting, extending their partnership to meet evolving regulatory demands.

Baader Bank Selects Broadridge for Regulatory Trade and Transaction Reporting

Baader Bank, a leading financial institution, has chosen Broadridge Financial Solutions to support its regulatory trade and transaction reporting. This move is a significant step forward for the bank, as it seeks to meet the evolving requirements of multiple regulations, including MiFID, FinfraG, EMIR Refit, and the Securities Financing Transactions Regulation (SFTR).

Meeting Regulatory Demands

The agreement extends Broadridge’s relationship with the bank, which already uses Broadridge’s front and middle office suite of solutions for order management, trading, and market connectivity. This partnership will enable Baader Bank to leverage Broadridge’s expertise and technology to transform its risk and compliance capabilities.

“We are thrilled to support Baader Bank by providing them access to our platform and expertise to transform its risk and compliance capabilities.” - Ben Cooling, General Manager of Regulatory Transaction Reporting Solutions at Broadridge

A Full Spectrum of Asset Classes

Baader Bank offers its clients access to a full spectrum of asset classes, including equities, bonds, derivatives, and exchange-traded funds (ETFs), as well as primary market transactions. The bank’s commitment to providing a comprehensive range of services is reflected in its decision to partner with Broadridge.

Regulatory reporting is a critical component of a bank’s risk management strategy.

Simplifying Regulatory Compliance

As banks continue to grapple with the challenges of meeting complex regulatory demands, Broadridge continues to be the technology partner of choice for global financial institutions looking to simplify, transform, and innovate across the trade lifecycle. By leveraging Broadridge’s expertise and technology, Baader Bank can focus on its core business, while ensuring compliance with evolving regulatory requirements.

Compliance is a critical component of a bank’s risk management strategy.

Conclusion

In conclusion, Baader Bank’s decision to partner with Broadridge is a significant step forward in its efforts to meet the evolving requirements of regulatory trade and transaction reporting. This partnership will enable the bank to transform its risk and compliance capabilities, while providing its clients with access to a full spectrum of asset classes and services.