SBI Securities has selected Broadridge’s post-trade solution for the UK launch of its equities brokerage services.
The UK services will be available through the firm’s subsidiary, SBI Shinsei International, which will also use Broadridge’s Swift Service Bureau for the automation of Swift messaging workflows with its custodian.
Broadridge currently processes Japanese equities transactions for the company in Hong Kong and Singapore.
Ichiro Takahashi, head of global operations for SBI Securities, said: “Building on our existing relationship in Hong Kong and Singapore, Broadridge has demonstrated a deep understanding of our requirements for global expansion. This has allowed us to go to market in the UK quickly and with confidence.”
Mike Sleightholme, president of Broadridge International, added: “Our global footprint and track record allows clients such as SBI SECURITIES to streamline their operations across entities, gain cost efficiencies, and grow revenue by rapidly providing differentiated services to their clients.”
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