SBI SECURITIES has partnered with global fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR). Through its subsidiary SBI Shinsei International Limited, SBI SECURITIES will utilize Broadridge’s post-trade solution, marking a significant step in enhancing its global footprint.
The decision comes as part of an ongoing collaboration between SBI SECURITIES and Broadridge, which has already extended the process of processing Japanese equities transactions in Hong Kong and Singapore. Leveraging Broadridge’s Swift Service Bureau, SBI Shinsei International Limited aims to automate Swift messaging workflows with its custodian, streamlining operational processes and ensuring efficient communication channels.
SBI SECURITIES Partnered with Broadridge for UK Equities Expansion
Commenting on the partnership, Ichiro Takahashi, Head of Global Operations of SBI SECURITIES, expressed confidence in Broadridge’s capabilities, stating, “Broadridge has proven to be the partner of choice for us as we grow our business globally. Building on our existing relationship in Hong Kong and Singapore, Broadridge has demonstrated a deep understanding of our requirements for global expansion. This has allowed us to go to market in the UK quickly and with confidence while leveraging the benefits of the existing ASP cloud environment.”
Mike Sleightholme, President of Broadridge International, echoed Takahashi’s sentiments, emphasizing Broadridge’s commitment to providing innovative solutions across the trade lifecycle. “We are very excited to further expand our relationship with SBI SECURITIES for the benefit of their clients in the UK,” Sleightholme stated. “Broadridge is committed to providing a leading suite of innovative and globally scalable solutions to our clients across the trade lifecycle to help simplify and innovate trading. Our global footprint and track record allow clients such as SBI SECURITIES to streamline their operations across entities, gain cost efficiencies, and grow revenue by rapidly providing differentiated services to their clients.”
The collaboration between SBI SECURITIES and Broadridge underscores the growing importance of technology-driven solutions in the financial services industry, particularly amid increasing globalization and evolving client demands. As SBI Shinsei International Limited leverages Broadridge’s expertise and infrastructure, clients in the UK can expect enhanced efficiency, transparency, and reliability in their equities brokerage services.
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