Singapore, December 10, 2021 – Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, has won the award for best solution for its innovative trade reporting solution, futureLANDSCAPE, at The Regulation Asia Awards for Excellence 2021.
Broadridge’s multi-jurisdictional, multi-asset class trade and transaction reporting solution brings greater control, simplification, analytics and transparency to regulatory reporting. The end-to-end offering consolidates reporting from a wide range of jurisdictions and asset classes across derivatives and securities financing markets into one innovative platform. Providing an extensible data model, futureLANDSCAPE includes translation, validation, eligibility and enrichment and ensures compliance with ASIC, HKMA, J-FSA, MAS, EMIR EU & UK, MIFID EU & UK, SFTR EU & UK, FinfraG, CFTC Parts 20, 43 and 45, SEC (SBSR), CSA, IIROC, CAT, Rule 605 and 606 with future improvements such as SEC Rule 10c- 1 and securities lending obligation.
“Working closely with our wide-ranging customer community, we continue to evolve our solution with the industry’s best practice in regulatory operations and workflow, and of course global validation and eligibility rules as they are updated,” said Hugh Daly, General Manager for Enterprise Solutions at Broadridge. “Our core solution provides flexibility to adapt to regulatory change and empowers our clients to create custom rules to cope with their specific use cases when they differ from the majority.”
“Broadridge’s solution provides data lineage and traceability functionality to show how the data is transformed and routed at a granular level, throughout the lifecycle, which enables users to visualise decisioning and helps with remediation and audit needs,” noted one judge on the awards panel. “Firms that manage their reporting in-house or through other third-party platforms can also leverage the solution as a regulatory assurance and validation service.”
“We are strongly focused on the Asia Pacific region and have recently onboarded two new clients in Australia,” said Ian Strudwick, Managing Director, Head of APAC at Broadridge. “With APAC regulators expressing their desire to facilitate global harmonisation while following regulatory trends in Europe and North America, our long-standing experience across these regions positions us perfectly to support clients, resourcing locally to ensure that we can meet the needs of regional firms as well, including Japan.”