Simplifying and optimizing operations while
delivering transformation and innovation
SINGAPORE, March 3,
2024 /PRNewswire/ -- To elevate its securities
finance offering, CGS International Securities Pte. Ltd. (CGS
International), a leading integrated financial services provider in
Asia, has implemented global
Fintech leader Broadridge Financial Solutions, Inc.'s (NYSE:BR),
Securities Finance and Collateral Management (SFCM) platform. The
single platform enables CGS International to minimize costs via
automation as well as simplify workflows and exception-based
processes.
"Providing a wide range of products and services to cater to the
diverse needs of our clients is a strategic imperative for CGS
International," said Ademola
Olopade, Group Head of Prime Brokerage and Wealth Solutions
at CGS International. "Broadridge's solution enables us to
introduce additional functionalities and scalability according to
our business needs, and helps us to optimize workflows for our
customers."
"We are delighted to have welcomed CGS International to our
expanding clientele in the Asia-Pacific region," said Darren Crowther, Head of Securities Finance and
Collateral Management Solutions at Broadridge. "In the dynamic
landscape of securities finance, financial institutions must
adeptly respond to emerging market trends, diversify revenue
streams, and accommodate a growing customer base. The Broadridge
SFCM platform enables CGS International to scale easily to further
expand their business by region or business entity, and also
positions them to effectively navigate evolving market dynamics and
regulatory demands."
Broadridge simplifies and innovates trading across a complex
ecosystem through global, scalable solutions. The SFCM platform is
a functionally rich, front-to-back SaaS solution for securities
finance, used widely across the global buy- and sell-side
securities lending, repo, and collateral trading markets. SFCM has
given firms the ability to improve their existing securities
finance businesses and expand into new global markets and
opportunities, with a core foundation that is fully scalable for
business growth.
About CGS International Securities
CGS International
Securities Pte. Ltd. (CGS International) is an award-winning and
market leading integrated financial services provider, ranked among
the top securities houses in Asia.
CGS International taps on our wealth of global and ASEAN
insights to offer equities trading, leveraged products, wealth
management, investment banking, equities research,
Shariah-compliant financing, fixed income, currency and
commodities, structured products and prime brokerage services in
over 15 countries and regions.
Along with its parent organisation China Galaxy Securities, a
leading securities house in China,
CGS International is trusted by more than 15 million customers
globally.
Find out more at www.cgsi.com.
About Broadridge
Broadridge Financial Solutions (NYSE:
BR), a global Fintech leader with more than $6 billion in revenues, provides the critical
infrastructure that powers investing, corporate governance and
communications to enable better financial lives. We deliver
technology-driven solutions that drive business transformation for
banks, broker-dealers, asset and wealth managers and public
companies. Broadridge's infrastructure serves as a global
communications hub enabling corporate governance by linking
thousands of public companies and mutual funds to tens of millions
of individual and institutional investors around the world. Our
technology and operations platforms underpin the daily trading of
more than U.S. $10 trillion of
equities, fixed income and other securities globally. A certified
Great Place to Work®, Broadridge is part of the S&P
500® Index, employing over 14,000 associates in 21
countries.
For more information about us and what we can do for you, please
visit www.broadridge.com.
CGS International
Contact:
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Low Chiew
Leng
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Group
Communications
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Email:
chiewleng.low@cgsi.com
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Broadridge
Contacts:
Investors:
Edings
Thibault
Head of Investor
Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg
Rosenberg
Global Head of
Corporate Communications
Gregg.Rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.