Australian Market Solution
Australian Broker Client Accounting – The SUMMIT Solution
The SUMMIT broker client accounting system is part of a comprehensive multi-asset, multi-market solution range for firms operating in Australia. It combines straight-through processing capabilities with local connectivity to the Australian market, and offers regional and global reach for international operations.
SUMMIT provides firms operating in the Australian equities markets with highly efficient, scalable front to back office operational processing from order capture and trade execution through to confirmation, clearing house reporting and settlement. It includes connectivity to the Australian Securities Exchange’s ASX Trade and Clearing House Electronic Sub-register System (CHESS).
Processing for global markets and connectivity to international clearing and settlement services is facilitated via Broadridge’s global solution range.
Your firm can:
- Increase operational efficiency through industry-leading STP rates, improved settlement failure performance and a highly scalable platform that can accommodate your growth ambitions
- Substantially improve your client services through the real-time delivery of comprehensive client information, while benefitting from Broadridge’s unparalleled, client-centric service commitment
- Reduce your cost and time to market for new business initiatives and market change requirements