AmInvestment Bank Enhances Securities Finance Services with Broadridge to Boost Client Value

Rhea-AI Summary

AmInvestment Bank, part of the Ambank Group, has deployed Broadridge Financial Solutions' Securities Finance and Collateral Management platform to enhance its prime brokerage business. This move aims to simplify trading, manage collateral, and handle trade lifecycle events while integrating with existing systems.

The implementation addresses the growing need for sophisticated financial solutions in emerging markets. Broadridge's platform is designed to help institutions like AmInvestment Bank stay ahead in the rapidly evolving financial landscape. The SaaS solution offers front-to-back functionality for securities finance, widely used across global buy- and sell-side securities lending, repo, and collateral trading markets.

Positive

• AmInvestment Bank expands prime brokerage business with Broadridge's platform
• Enhanced securities finance capabilities in the APAC region
• Improved operational efficiency in securities lending
• Scalable solution for future growth and market adaptability

Negative

• None.

Insights

Financial Analyst

AmInvestment Bank's adoption of Broadridge's Securities Finance and Collateral Management platform signals a strategic move to modernize and streamline its prime brokerage services. This is noteworthy for several reasons. First, the implementation of such a sophisticated platform suggests a robust commitment to improving operational efficiency. Such efficiency can lead to cost savings and better resource allocation, which are fundamental for enhancing profitability in the long run.

This initiative also positions AmInvestment Bank to better handle market volatility and complexity. By integrating a state-of-the-art system, they can manage collateral and trading operations more effectively, potentially reducing risk exposure. For investors, this could translate into more stable returns and possibly lower risk premiums.

In the short term, the cost and resources required for integration could weigh on earnings. However, the long-term benefits, including scalability and the ability to adapt to market dynamics, make this a positive development. One key takeaway is the ability to expand into new markets, which can offer diversified revenue streams and mitigate risks associated with market concentration.

Market Research Analyst

The deployment of Broadridge's platform by AmInvestment Bank addresses a critical shift in the financial landscape, especially in the securities lending and collateral management markets. This move is a proactive response to the increasing complexity and sophistication of financial markets globally. Broadridge’s platform is widely recognized for its robustness and comprehensive capabilities, which could give AmInvestment Bank a competitive advantage in the APAC region.

For retail investors, understanding the implications of this technological upgrade is essential. By adopting a globally scalable SaaS solution, AmInvestment Bank is not just enhancing its current capabilities but also positioning itself for future growth. This could lead to improved client satisfaction and retention rates, ultimately benefiting the bank’s market share and profitability. Moreover, the ability to manage trade lifecycle events seamlessly could reduce operational risks and improve compliance, significant factors for long-term stability.

It's also noteworthy that the adoption of such technology often signals a forward-thinking approach, which can attract institutional investors looking for innovative and resilient financial partners.

SINGAPORE, July 18, 2024 /PRNewswire/ -- To transform and expand their prime brokerage business lines and as part of its broader efforts to add and enhance value for its clientele, AmInvestment Bank, a company in the Ambank Group and one of the largest banking groups in Malaysia, has deployed global Fintech leader Broadridge Financial Solutions, Inc.'s (NYSE: BR) Securities Finance and Collateral Management platform to enable their Securities Borrowing and Lending product offerings. This single platform allows AmInvestment Bank to simplify and innovate trading, manage collateral, and handle trade lifecycle events while integrating seamlessly with their existing systems.

"An increasingly sophisticated and volatile market has made securities finance an important 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 for delivering industry-leading systems, which will deliver a better experience for our customers. Additionally, we are now able to manage the operational aspects of securities lending more effectively, within a controlled and scalable environment, setting us up for robust future growth and adaptability to evolving market dynamics."

"We are thrilled to enable AmInvestment Bank to expand their securities finance 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 ahead in the market. This implementation is particularly significant as it addresses the growing need for sophisticated financial solutions amidst the opening of emerging markets and evolving stock lending agreements."

Broadridge simplifies and innovates trading across a complex ecosystem through global, scalable solutions. The Securities Financing and Collateral Management 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. This innovative solution gives 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 AmInvestment Bank
AmInvestment Bank, the investment banking arm of the AmBank Group, offers a comprehensive range of investment services, products, and solutions tailored to meet the diverse needs of our corporate, retail, and institutional clients. Our offerings include corporate finance and mergers and acquisitions advisory, equity capital markets fundraising, debt and Sukuk capital markets services, and stockbroking. We also provide fund management services through our private banking department and our fund management arm, AmInvest, the brand name used by our subsidiaries, AmFunds Management Berhad and AmIslamic Funds Management Berhad. AmInvestment Bank is dedicated to delivering superior investment performance and innovative financial products and services.

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.

AmInvestment Bank Contacts:

Investors:
Ong Chin Liang
Head of Equity Markets
ong-chin-liang@ambankgroup.com 

Wong Annie
Head of Prime Brokerage
Prime-Brokerage@ambankgroup.com

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

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/aminvestment-bank-enhances-securities-finance-services-with-broadridge-to-boost-client-value-302199104.html

SOURCE Broadridge Financial Solutions, Inc.

FAQ

What platform has AmInvestment Bank deployed to enhance its securities finance services?

AmInvestment Bank has deployed Broadridge Financial Solutions' (NYSE: BR) Securities Finance and Collateral Management platform to enhance its securities finance services and prime brokerage business.

How will Broadridge's platform benefit AmInvestment Bank's operations?

Broadridge's platform will allow AmInvestment Bank to simplify trading, manage collateral, handle trade lifecycle events, and integrate seamlessly with existing systems, improving operational efficiency and scalability for future growth.

What is the significance of this implementation for the APAC financial market?

This implementation addresses the growing need for sophisticated financial solutions in emerging markets, particularly in the APAC region, as stock lending agreements evolve and markets open up.

What capabilities does Broadridge's Securities Finance and Collateral Management platform offer?

Broadridge's platform is a front-to-back SaaS solution for securities finance, offering functionality for securities lending, repo, and collateral trading markets, enabling firms to improve existing businesses and expand into new global markets.