Broadridge Launches Tradeverse, Transforms the Way Global Financial Firms Manage Their Trading Data
Broadridge Financial Solutions Inc. (NYSE: BR) has launched Tradeverse, a revolutionary cloud-native data platform designed to transform how global financial firms manage their trading data. This innovative solution consolidates real-time, multi-asset class data from various vendor applications and platforms, covering the entire transaction lifecycle from orders to settlement.
Tradeverse aims to eliminate data silos, simplify access with a common data ontology, and incorporate robust security measures. It provides a unified, harmonized data platform that reduces errors and unlocks insights for key functions across trading desks, operations, risk, finance, and regulatory departments. The platform's clear data structure and true data harmonization enable more efficient regulatory reporting, compliance, and complex data searches using natural language.
Broadridge has already implemented Tradeverse with a global bank, demonstrating its effectiveness in harmonizing trade data. Additionally, a top ten capital markets firm is utilizing Tradeverse in conjunction with Broadridge's Generative AI tool for Operations (OpsGPT) to identify and implement productivity gains in areas such as settlement fails analysis.
Broadridge Financial Solutions Inc. (NYSE: BR) ha lanciato Tradeverse, una piattaforma dati cloud-native rivoluzionaria progettata per trasformare il modo in cui le aziende finanziarie globali gestiscono i loro dati di trading. Questa soluzione innovativa consolida dati in tempo reale, multi-asset class da diverse applicazioni e piattaforme dei fornitori, coprendo l'intero ciclo di vita delle transazioni dagli ordini al regolamento.
Tradeverse mira ad eliminare i silos di dati, semplificare l'accesso con un'ontologia dei dati comune e incorporare misure di sicurezza robuste. Essa fornisce una piattaforma dati unificata e armonizzata che riduce gli errori e sblocca insights per funzioni chiave nei desk di trading, nelle operazioni, nel rischio, nella finanza e nei dipartimenti normativi. La chiara struttura dei dati della piattaforma e la vera armonizzazione dei dati consentono una reportistica normativa più efficiente, conformità e ricerche di dati complessi utilizzando il linguaggio naturale.
Broadridge ha già implementato Tradeverse con una banca globale, dimostrando la sua efficacia nell'armonizzare i dati di trading. Inoltre, una delle prime dieci aziende di mercati di capitale sta utilizzando Tradeverse insieme allo strumento di Intelligenza Artificiale Generativa di Broadridge per le Operazioni (OpsGPT) per identificare e implementare guadagni di produttività in aree come l'analisi dei fallimenti di regolamento.
Broadridge Financial Solutions Inc. (NYSE: BR) ha lanzado Tradeverse, una plataforma de datos nativa en la nube revolucionaria diseñada para transformar la forma en que las empresas financieras globales gestionan sus datos de negociación. Esta solución innovadora consolida datos en tiempo real de múltiples clases de activos de diversas aplicaciones y plataformas de proveedores, cubriendo todo el ciclo de transacciones desde las órdenes hasta la liquidación.
Tradeverse busca eliminar los silos de datos, simplificar el acceso con una ontología de datos común e incorporar medidas de seguridad sólidas. Proporciona una plataforma de datos unificada y armonizada que reduce errores y desbloquea insights para funciones clave en mesas de negociación, operaciones, riesgo, finanzas y departamentos regulatorios. La clara estructura de datos de la plataforma y la verdadera armonización de datos permiten una presentación de informes regulatorios más eficiente, cumplimiento y búsquedas complejas de datos utilizando lenguaje natural.
Broadridge ya ha implementado Tradeverse con un banco global, demostrando su efectividad en la armonización de los datos de negociación. Además, una de las diez principales firmas de mercados de capitales está utilizando Tradeverse junto con la herramienta de IA Generativa de Broadridge para Operaciones (OpsGPT) para identificar e implementar mejoras de productividad en áreas como el análisis de fallos de liquidación.
브로드리지 금융 솔루션즈 주식회사(Broadridge Financial Solutions Inc., NYSE: BR)는 Tradeverse라는 혁신적인 클라우드 기반 데이터 플랫폼을 출시했습니다. 이 플랫폼은 글로벌 금융 회사들이 거래 데이터를 관리하는 방식을 혁신적으로 변화시키기 위해 설계되었습니다. 이 혁신적인 솔루션은 다양한 공급업체의 애플리케이션과 플랫폼에서 실시간 다중 자산 클래스 데이터를 통합하여 주문에서 정산까지의 거래 생애 주기를 포괄합니다.
Tradeverse의 목표는 데이터 사일로를 제거하고, 공통 데이터 온톨로기로 액세스를 단순화하며, 강력한 보안 조치를 통합하는 것입니다. 이 플랫폼은 오류를 줄이고 거래 데스크, 운영, 위험, 재무 및 규제 부서 전반에 걸쳐 핵심 기능을 위한 통합되고 조화로운 데이터 플랫폼을 제공합니다. 플랫폼의 명확한 데이터 구조와 진정한 데이터 조화는 규제 보고, 준수 및 자연어를 이용한 복잡한 데이터 검색을 보다 효율적으로 수행할 수 있게 합니다.
브로드리지는 이미 글로벌 은행과 함께 Tradeverse를 구현하여 거래 데이터의 조화성을 입증했습니다. 또한, 상위 10대 자본 시장 회사는 브로드리지의 생성적 AI 도구인 OpsGPT와 함께 Tradeverse를 활용하여 정산 실패 분석 등에서 생산성 향상을 식별하고 구현하고 있습니다.
Broadridge Financial Solutions Inc. (NYSE: BR) a lancé Tradeverse, une plateforme de données révolutionnaire native dans le cloud, conçue pour transformer la manière dont les entreprises financières mondiales gèrent leurs données de trading. Cette solution innovante consolide des données en temps réel issues de diverses applications et plateformes de fournisseurs, couvrant l'intégralité du cycle de vie des transactions, des commandes à la liquidation.
Tradeverse vise à éliminer les silos de données, à simplifier l'accès grâce à une ontologie de données commune et à intégrer des mesures de sécurité solides. Elle offre une plateforme de données unifiée et harmonisée qui réduit les erreurs et libère des insights pour des fonctions clés au sein des salles de marchés, des opérations, des risques, des finances et des départements réglementaires. La structure claire des données de la plateforme et la véritable harmonisation des données permettent une reporting réglementaire plus efficace, ainsi qu'une conformité et des recherches complexes dans les données en utilisant un langage naturel.
Broadridge a déjà mis en œuvre Tradeverse avec une banque mondiale, démontrant son efficacité à harmoniser les données de trading. De plus, une des dix plus grandes entreprises de marchés de capitaux utilise Tradeverse en conjonction avec l'outil d'IA générative de Broadridge pour les opérations (OpsGPT) pour identifier et mettre en œuvre des gains de productivité dans des domaines comme l'analyse des échecs de règlement.
Broadridge Financial Solutions Inc. (NYSE: BR) hat Tradeverse gestartet, eine revolutionäre cloud-native Datenplattform, die darauf abzielt, die Art und Weise zu transformieren, wie globale Finanzunternehmen ihre Handelsdaten verwalten. Diese innovative Lösung konsolidiert Echtzeitdaten aus verschiedenen Anbieteranwendungen und -plattformen über verschiedene Vermögensklassen hinweg und deckt den gesamten Transaktionslebenszyklus von Aufträgen bis zur Abwicklung ab.
Tradeverse hat das Ziel, Datensilos zu beseitigen, den Zugang durch eine gemeinsame Datenontologie zu vereinfachen und robuste Sicherheitsmaßnahmen zu integrieren. Es bietet eine einheitliche, harmonisierte Datenplattform, die Fehler reduziert und Einblicke für wichtige Funktionen in den Handelsabteilungen, im Betrieb, im Risiko, in der Finanzabteilung und in den Regulierungsabteilungen freischaltet. Die klare Datenstruktur der Plattform und die echte Datenharmonisierung ermöglichen effizientere regulatorische Berichterstattung, Compliance und komplexe Datensuchen mit natürlicher Sprache.
Broadridge hat Tradeverse bereits mit einer globalen Bank umgesetzt und seine Effektivität bei der Harmonisierung von Handelsdaten demonstriert. Darüber hinaus nutzt ein führendes Unternehmen der Kapitalmärkte Tradeverse in Verbindung mit Broadridges generativem KI-Tool für Operationen (OpsGPT), um Produktivitätsgewinne in Bereichen wie der Analyse von Abwicklungsfehlern zu identifizieren und umzusetzen.
- Launch of Tradeverse platform to consolidate and harmonize multi-asset class trading data
- Successful implementation with a global bank, proving efficiency in regulatory reporting and compliance
- Integration with Broadridge's Generative AI tool (OpsGPT) for enhanced productivity in operations
- Potential for new value-add business solutions based on Tradeverse in the coming months
- None.
Insights
Broadridge's launch of Tradeverse marks a significant advancement in financial data management. This cloud-native platform addresses critical pain points in the industry, particularly data silos and fragmented ecosystems. The platform's ability to consolidate multi-asset class data in real-time across the entire transaction lifecycle is a game-changer for trading firms.
The platform's focus on data harmonization and its common data ontology are particularly noteworthy. These features can dramatically improve data quality and accessibility, potentially leading to enhanced operational efficiency and risk management. The integration with Broadridge's OpsGPT for AI-driven insights further amplifies its value proposition.
For investors, this launch could signal strong growth potential for Broadridge in the fintech space. The successful implementation with a global bank and a top ten capital markets firm demonstrates market validation and could lead to increased adoption, potentially boosting Broadridge's revenue streams in the medium to long term.
Tradeverse's architecture presents a significant leap forward for AI applications in finance. By providing a harmonized, high-quality data foundation, it addresses one of the most challenging aspects of implementing AI in complex financial environments: data preparation and integration.
The platform's ability to support natural language queries is particularly impressive, suggesting advanced NLP capabilities. This, combined with the integration of Broadridge's OpsGPT, indicates a strong focus on making AI accessible to business users without deep technical expertise.
The potential for accelerating AI initiatives is substantial. With a unified data platform, firms can more easily develop and deploy machine learning models for predictive analytics, risk assessment and process automation. This could lead to a new wave of AI-driven innovation in capital markets, potentially disrupting traditional operational models and creating new competitive advantages for early adopters.
Cloud-native platform reinvents the data lake by capturing and harmonizing the full transaction lifecycle, enabling firms to unlock opportunities through advanced data analytics and AI capabilities
Tradeverse consolidates real-time, multi-asset class data from multiple vendor applications and platforms from orders and executions through settlement into a unified, harmonized data platform. It reduces errors, simplifies access with a common data ontology across front, middle and back office and incorporates robust security to protect sensitive information and maintain data integrity. The clear data structure unlocks insights for all key functions – trading desks, operations, risk, finance, and regulatory - by providing a trusted and transparent data source.
"A Tradeverse implementation we've recently completed with a global bank is proving the power of harmonizing trade data," said Hugh Daly, Head of Data and AI, Capital Markets, Broadridge. "The solution delivers efficiencies for their regulatory reporting and compliance teams, allowing direct access to the data for business users initiating complex searches using natural language."
Many enterprise data warehouse projects fail to deliver the expected benefits due to the complexity arising from disparate representations of the source data. Tradeverse is focused on ensuring true data harmonization. The application of business logic and constraint of the data ontology is critical to that. This leads to seamless access to high quality data, which ultimately accelerates time-to-value for multiple AI initiatives.
In another use case, the Securities Operations team of a top ten capital markets firm is using Tradeverse's harmonized data platform coupled with Broadridge's Generative AI tool for Operations (OpsGPT) to empower users. This is allowing the teams to identify and implement productivity gains such as settlement fails analysis that were previously incredibly hard to capture in a fragmented ecosystem.
Tradeverse will be the cornerstone of a number of innovative value-add business solutions that Broadridge will bring to market in the coming months.
About Broadridge
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 underpin the daily trading of more than
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SOURCE Broadridge Financial Solutions, Inc.
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