Broadridge Significantly Enhances Structured Product Trading Capabilities
Broadridge Financial Solutions (NYSE:BR) announced significant enhancements to its Tbricks trading platform, enabling trading desks to quote hundreds of thousands of structured products across multiple markets simultaneously. The upgraded solution addresses industry challenges in structured product quotations and improves trading efficiency through an intuitive interface.
The enhancement has already shown positive results with Marex Solutions reporting improved client service and increased market share on the Italian exchange Cert-X. Several European tier 1 clients are benefiting from the solution, which was developed in close collaboration with users to address scaling challenges and drive automation.
Broadridge Financial Solutions (NYSE:BR) ha annunciato importanti miglioramenti alla sua piattaforma di trading Tbricks, consentendo ai desk di trading di quotare centinaia di migliaia di prodotti strutturati su più mercati simultaneamente. La soluzione potenziata affronta le sfide del settore nelle quotazioni di prodotti strutturati e migliora l'efficienza del trading attraverso un'interfaccia intuitiva.
Il miglioramento ha già mostrato risultati positivi con Marex Solutions che riporta un servizio clienti migliorato e un aumento della quota di mercato sulla borsa italiana Cert-X. Diversi clienti di livello 1 europei stanno beneficiando della soluzione, sviluppata in stretta collaborazione con gli utenti per affrontare le sfide di scalabilità e promuovere l'automazione.
Broadridge Financial Solutions (NYSE:BR) anunció mejoras significativas a su plataforma de trading Tbricks, permitiendo a los desks de trading cotizar cientos de miles de productos estructurados en múltiples mercados simultáneamente. La solución mejorada aborda los desafíos de la industria en las cotizaciones de productos estructurados y mejora la eficiencia del trading a través de una interfaz intuitiva.
La mejora ya ha mostrado resultados positivos, con Marex Solutions informando de un mejor servicio al cliente y un aumento de cuota de mercado en la bolsa italiana Cert-X. Varios clientes de nivel 1 europeos se están beneficiando de la solución, que fue desarrollada en estrecha colaboración con los usuarios para abordar los desafíos de escalabilidad y fomentar la automatización.
브로드리지 금융 솔루션 (NYSE:BR)은 Tbricks 거래 플랫폼에 대한 중요한 개선 사항을 발표하며, 거래 데스크가 여러 시장에서 동시에 수십만 개의 구조화된 상품을 인용할 수 있도록 했습니다. 업그레이드된 솔루션은 구조화된 상품 인용에 대한 업계의 과제를 해결하고 직관적인 인터페이스를 통해 거래 효율성을 향상시킵니다.
이 개선 사항은 이미 긍정적인 결과를 보여주었으며, Marex Solutions는 고객 서비스 개선과 이탈리아 증권 거래소인 Cert-X에서의 시장 점유율 증가를 보고했습니다. 여러 유럽 1급 고객이 이 솔루션의 혜택을 받고 있으며, 이는 사용자의 요구에 맞춰 개발되어 스케일링 과제를 해결하고 자동화를 추진합니다.
Broadridge Financial Solutions (NYSE:BR) a annoncé d'importantes améliorations à sa plateforme de trading Tbricks, permettant aux bureaux de trading de cotation de centaines de milliers de produits structurés sur plusieurs marchés simultanément. La solution mise à jour répond aux défis du secteur en matière de cotations de produits structurés et améliore l'efficacité du trading grâce à une interface intuitive.
Cette amélioration a déjà montré des résultats positifs, avec Marex Solutions signalant un service client amélioré et une part de marché accrue sur la bourse italienne Cert-X. Plusieurs clients de niveau 1 européens bénéficient de la solution, qui a été développée en étroite collaboration avec les utilisateurs afin de répondre aux défis de mise à l'échelle et de favoriser l'automatisation.
Broadridge Financial Solutions (NYSE:BR) hat erhebliche Verbesserungen an seiner Tbricks-Handelsplattform angekündigt, die es den Handelsabteilungen ermöglicht, gleichzeitig Hunderttausende von strukturierten Produkten auf mehreren Märkten zu quotieren. Die verbesserte Lösung behandelt die Herausforderungen der Branche hinsichtlich der Quotierung strukturierter Produkte und erhöht die Handels-effizienz durch eine intuitive Benutzeroberfläche.
Die Verbesserung hat bereits positive Ergebnisse gezeigt, da Marex Solutions einen verbesserten Kundenservice und einen gestiegenen Marktanteil an der italienischen Börse Cert-X berichtet. Mehrere europäische Tier-1-Kunden profitieren von der Lösung, die in enger Zusammenarbeit mit Nutzern entwickelt wurde, um Herausforderungen bei der Skalierung zu bewältigen und die Automatisierung voranzutreiben.
- Platform enhancement enables quoting of hundreds of thousands of structured products simultaneously
- Successful implementation at Marex Solutions led to increased market share on Italian exchange Cert-X
- Multiple European tier 1 clients already using the solution
- None.
Insights
The enhanced Tbricks platform represents a significant technological advancement in structured products trading. The ability to quote hundreds of thousands of products simultaneously across multiple markets is a game-changing capability that directly addresses scalability challenges in institutional trading. This positions Broadridge (BR) to capture larger market share in the growing structured products segment.
The platform's improved efficiency and automation capabilities should translate to higher trading volumes and increased revenue potential for Broadridge's trading and connectivity solutions division. The endorsement from Marex Solutions and their reported market share gains on the Italian exchange Cert-X validate the platform's competitive advantages. With several European tier 1 clients already utilizing the solution, this enhancement strengthens Broadridge's position in the institutional trading technology market.
New enhancements address industry needs to quote at unprecedented scale, while optimizing trading technology to unlock significant efficiency gains for traders
"This transformative development marks a significant leap forward in simplifying and optimizing trading for structured products," stated Konstantin Romanov, Global Head of Principal Trading Products, Broadridge Trading and Connectivity Solutions. "Banks and broker/dealers have long struggled with the complexity and scale of structured product quotations, which span multiple markets and various quoting modes. Tbricks directly addresses this critical issue, empowering banks and broker/dealers globally to quote at unprecedented scales and unlock new efficiencies through an intuitive, consolidated user interface."
"We have found Tbricks to be a reliable and flexible Market Making tool with low latency capabilities, combining safety and speed. The enhancements to the platform have enabled us to better serve our clients with our Marex-issued Structured Products in a dynamic market condition," said Mehdi Mlaiki, Head of Trading, Marex Solutions. "These developments have significantly enhanced our ability to provide investors with accurate and competitive quotes," continued Joost Burgerhout, Head of Marex Financial Products. "We believe this has contributed to the increase of our market share and consistent ranking among the top issuers in regard to trading volume on the Italian exchange Cert-X."
Broadridge has several European tier 1 clients that benefit from the solution and worked closely with them to better understand their challenges with quoting trading instruments at scale and to identify new ways to drive automation and improve usability, while enhancing the solution.
The enhanced Tbricks solution reaffirms Broadridge's commitment to providing the critical infrastructure that powers trading and operations across markets – with global, multi-asset, modular solutions – across the trade lifecycle.
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 process and generate over 7 billion communications per year and underpin the daily trading of more than
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SOURCE Broadridge Financial Solutions, Inc.
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