Matsui Securities & Broadridge Cloud - Better Operations?

Matsui Securities & Broadridge Cloud – Better Operations?

Matsui Securities Co., Ltd has chosen Broadridge Financial Solutions cloud based Software as a Service (SaaS) post-trade processing solution. This decision aims to address the challenges posed by the company’s internally developed system, which has grown cumbersome with the expansion of its business.

Intelligent Wave, a respected system integrator, is with the development of the front office component, system integration, project management, and overall consultation for Matsui Securities. The collaboration with Broadridge is going to alleviate the burden of system maintenance, enabling Matsui Securities to achieve a more stable management structure with heightened operational efficiency.

Matsui Securities Streamlines Operations with Broadridge Cloud Solution

Shinichi Uzawa, Managing Director of the Corporate Division at Matsui Securities, explained the rationale behind the decision, stating, “Hitherto, we have operated an internally developed system for stock lending transactions, but as our business has grown, it has become bloated, making system maintenance a significant burden.” Uzawa expressed confidence that adopting Broadridge’s proven post-trade processing solution would not only reduce maintenance challenges but also contribute to more stable and efficient operations.

Ian Strudwick, Managing Director and Head of Asia Pacific at Broadridge, expressed enthusiasm about the collaboration, emphasizing the importance of meeting Matsui Securities’ current and future stock lending needs in the Japanese market. Strudwick acknowledged the competitive landscape of the online securities brokerage market and highlighted how Broadridge’s modular platform could assist clients in exploring new revenue growth opportunities and achieving operating efficiencies.

Broadridge’s cloud-based post-trade SaaS solution will enable Matsui Securities to process and settle all stock lending and borrowing transactions efficiently. The platform will also manage corresponding positions, compute required collateral, and automatically calculate fees, rebates, and manufactured dividends. This move is expected to position Matsui Securities to navigate the competitive market dynamics and offer scalable services locally and globally.

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