HQ: New York, USA Ownership: Public Founded: 2007 # Known Sites: 12 # Staff: 10,000+
Key Clients: BNP Paribas, JP Morgan Chase, Nomura
Key Highlights
• Broadridge, formerly ADP Brokerage Services Group, was spun off from ADP in the spring of 2007
• Global provider of technology-based outsourcing solutions to the financial services industry
• Gloss was originally developed in 1990s on a Stratus platform to replace an earlier offering, AutoBank
Product Overview
• Key functionalities supported: GL, international se- curities, equities, fixed income, treasury, derivatives, bonds, convertibles, gilts, CDs, FX, MM, position man- agement, netting, funds transfer, nostro and vostro management
• Inked a partnership with Accenture to launch a solu- tion to help banks operating in Europe and Asia-Pacif- ic, to reduce post-trade processing costs, launch new products and enter markets
• Majority of the customers are in Asia Pacific and West- ern Europe