Broadridge Launches Enhanced Operational Resilience Solution and Services for International Post-Trade Processing
Broadridge Financial Solutions (NYSE: BR) has launched enhanced services and solution capabilities for international post-trade processing to address increasing cyber threats and operational resilience mandates. The new offerings aim to help firms comply with the European Union's Digital Operational Resilience Act (DORA) and other global regulations.
Key features include:
- Professional services with specialized expertise to assess and validate risk and control frameworks
- High-availability recovery with back-up environments meeting regulatory requirements
- Enhanced recovery of entire system infrastructure using secure, immutable storage
These solutions are available to current users of Broadridge's International Post-Trade processing solution and the wider industry. The services are designed to mutualize costs through a shared services pricing model, enabling firms to improve business continuity and regulatory compliance.
Broadridge Financial Solutions (NYSE: BR) ha lanciato servizi e soluzioni potenziate per il processamento post-trade a livello internazionale, al fine di affrontare le crescenti minacce informatiche e i requisiti di resilienza operativa. Le nuove offerte mirano ad aiutare le aziende a rispettare il Digital Operational Resilience Act (DORA) dell'Unione Europea e altre normative globali.
Le caratteristiche principali includono:
- Servizi professionali con competenze specializzate per valutare e convalidare i rischi e i livelli di controllo
- Recupero ad alta disponibilità con ambienti di back-up che soddisfano i requisiti normativi
- Recupero potenziato dell'intera infrastruttura di sistema utilizzando storage sicuro e immutabile
Queste soluzioni sono disponibili per gli attuali utenti della soluzione di processamento post-trade internazionale di Broadridge e per l'industria in generale. I servizi sono progettati per mutualizzare i costi attraverso un modello di pricing per servizi condivisi, consentendo alle aziende di migliorare la continuità operativa e la conformità normativa.
Broadridge Financial Solutions (NYSE: BR) ha lanzado servicios y capacidades de solución mejoradas para el procesamiento post-comercio internacional, con el fin de abordar las crecientes amenazas cibernéticas y los mandatos de resiliencia operativa. Las nuevas ofertas tienen como objetivo ayudar a las empresas a cumplir con la Digital Operational Resilience Act (DORA) de la Unión Europea y otras regulaciones globales.
Las características clave incluyen:
- Servicios profesionales con experiencia especializada para evaluar y validar los marcos de riesgo y control
- Recuperación de alta disponibilidad con entornos de respaldo que cumplen con los requisitos regulatorios
- Recuperación mejorada de toda la infraestructura del sistema utilizando almacenamiento seguro e inmutable
Estas soluciones están disponibles para los actuales usuarios de la solución de procesamiento post-comercio internacional de Broadridge y la industria en general. Los servicios están diseñados para mutualizar costos a través de un modelo de precios de servicios compartidos, lo que permite a las empresas mejorar la continuidad comercial y el cumplimiento regulatorio.
브로드리지 금융 솔루션(Broadridge Financial Solutions, NYSE: BR)은 사이버 위협 증가와 운영 회복력 요구 사항을 해결하기 위해 국제 후 거래 처리에 대한 개선된 서비스 및 솔루션 기능을 출시했습니다. 새로운 서비스는 기업이 유럽연합 디지털 운영 회복력 법(DORA) 및 기타 글로벌 규제를 준수하도록 돕는 것을 목표로 합니다.
주요 기능은 다음과 같습니다:
- 위험 및 통제 체계를 평가하고 검증하기 위한 전문 지식을 갖춘 전문 서비스
- 규제 요구 사항을 충족하는 백업 환경을 통한 고가용성 복구
- 안전하고 변경 불가능한 저장소를 사용하여 시스템 인프라 전체의 복구 강화
이러한 솔루션은 브로드리지의 국제 후 거래 처리 솔루션을 사용하는 기존 사용자 및 광범위한 산업에 제공됩니다. 이 서비스는 공유 서비스 가격 모델을 통해 비용을 분담하도록 설계되어 기업이 비즈니스 연속성 및 규제 준수를 개선할 수 있도록 합니다.
Broadridge Financial Solutions (NYSE: BR) a lancé des services et des capacités de solutions améliorés pour le traitement post-négociation international afin de répondre aux menaces cybernétiques croissantes et aux exigences de résilience opérationnelle. Les nouvelles offres visent à aider les entreprises à se conformer à la Loi sur la résilience opérationnelle numérique (DORA) de l'Union européenne et à d'autres réglementations mondiales.
Les principales caractéristiques comprennent :
- Services professionnels avec une expertise spécialisée pour évaluer et valider les cadres de risque et de contrôle
- Récupération à haute disponibilité avec des environnements de sauvegarde conformes aux exigences réglementaires
- Récupération améliorée de toute l'infrastructure système utilisant un stockage sécurisé et immuable
Ces solutions sont disponibles pour les utilisateurs actuels de la solution de traitement post-négociation internationale de Broadridge et pour l'ensemble de l'industrie. Les services sont conçus pour mutualiser les coûts grâce à un modèle de tarification de services partagés, permettant aux entreprises d'améliorer la continuité des activités et la conformité réglementaire.
Broadridge Financial Solutions (NYSE: BR) hat verbesserte Dienstleistungen und Lösungskompetenzen für die internationale Nachhandelsabwicklung auf den Markt gebracht, um den zunehmenden Cyberbedrohungen und Anforderungen an die operationale Resilienz gerecht zu werden. Die neuen Angebote zielen darauf ab, Unternehmen bei der Einhaltung des Digital Operational Resilience Act (DORA) der Europäischen Union und anderer globaler Vorschriften zu unterstützen.
Wichtige Merkmale sind:
- Professionelle Dienstleistungen mit spezialisiertem Fachwissen zur Bewertung und Validierung von Risiko- und Kontrollrahmen
- Hochverfügbare Wiederherstellung mit Backup-Umgebungen, die regulatorischen Anforderungen entsprechen
- Verbesserte Wiederherstellung der gesamten Systeminfrastruktur unter Verwendung von sicheren, unveränderlichen Speichern
Diese Lösungen sind für aktuelle Nutzer der internationalen Nachhandelslösungen von Broadridge und die breite Industrie verfügbar. Die Dienstleistungen sind so konzipiert, dass sie Kosten durch ein Shared-Services-Preismodell mutualisieren, damit Unternehmen die Geschäftskontinuität und die regulatorische Einhaltung verbessern können.
- Launch of enhanced operational resilience solutions for international post-trade processing
- Potential for increased revenue from new services and solutions
- Expansion of customer base beyond current International Post-Trade processing solution users
- Positioning as a leader in compliance solutions for DORA and other global regulations
- None.
Insights
Broadridge's launch of enhanced operational resilience services is a significant development in the fintech sector. This move addresses critical regulatory requirements, particularly the EU's DORA, which has a looming compliance deadline. The offering includes:
- Professional services for risk assessment and control validation
- High-availability recovery solutions
- Enhanced cyber-recovery capabilities
These services could provide Broadridge with a competitive edge in the post-trade processing market. The mutualized cost model is particularly attractive, potentially leading to increased adoption and revenue growth. However, the success will depend on the effectiveness of implementation and the market's response to pricing.
For investors, this initiative signals Broadridge's proactive approach to regulatory changes and cybersecurity challenges. It could strengthen the company's market position and potentially drive long-term growth in its international post-trade processing segment. The emphasis on reducing recovery times from hours to minutes is a notable technical advancement that could be a key differentiator.
Broadridge's enhanced operational resilience solution is a timely response to the escalating cyber threats in the financial sector. The focus on DORA compliance is crucial, as it addresses a significant regulatory hurdle for financial institutions operating in the EU. Key cybersecurity aspects include:
- Secure, immutable storage for critical data assets
- Rapid recovery capabilities to minimize downtime
- Comprehensive risk and control framework assessments
The ability to create unalterable, point-in-time copies of entire system infrastructures is particularly noteworthy. This feature provides a robust defense against ransomware and other sophisticated cyber attacks. The reduction in recovery times from hours to minutes is a significant improvement that could substantially mitigate the impact of potential breaches.
For Broadridge, this offering could position them as a leader in cybersecurity solutions for post-trade processing. It demonstrates their commitment to addressing evolving cyber threats and regulatory requirements, which could attract new clients and strengthen relationships with existing ones.
"The DORA compliance deadline is just three months away and the clock is ticking. Non-compliance will expose financial firms to an increased risk of cyber incidents, security breaches and system outages, as well as the potential for reputational damage and avoidable regulatory penalties," said Danny Green, Head of International Post-Trade Solutions, Broadridge. "It is vital that firms are advancing their plans for the timely completion of both inhouse and third-party system reviews, and that they have a robust strategy to meet their prescribed recovery time objectives (RTOs) for their operating model."
Broadridge's operational resilience services and solutions for international post-trade processing enable firms to mutualize the cost of ensuring business continuity in the face of growing cyber-attacks, and of complying with DORA and other international operational resilience mandates through a shared services pricing model that includes:
- Deeply knowledgeable professional services: Specialized expertise and advanced analytical tools to assess and validate firms' risk and control frameworks relating to internal and third-party systems and service provider data. It includes thorough evaluations of current frameworks to identify potential vulnerabilities, validation of risk controls and recommendations for enhancing the robustness and efficiency of operational risk management practices.
- High-availability recovery: The provision of back-up environments that are the regulatory-prescribed distance away from a firm's primary site, and that meet recovery time objectives within the required timeframe and to the required standard in the event of a cyber-attack or outage. Broadridge's enhanced solution can reduce recovery times from hours to minutes.
- Enhanced recovery of entire system infrastructure: An enhanced cyber-recovery capability that can prevent the compromise of critical data assets in as robust a manner as possible. By deploying secure, immutable storage, Broadridge can support unalterable, point-in-time copies of a firm's international post-trade infrastructure including the operating system, post-trade software and critical data. In the event of a cyber incident, these secure, cyber-resilient copies can be swiftly restored to enable faster and easier system recovery.
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than
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.
FAQ
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