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LAKE SUCCESS, N.Y., Nov. 21, 2013 – Broadridge Financial Solutions, Inc. (NYSE:BR) and TwoFour Systems LLC have today announced their cooperation to provide an end-to-end solution for treasury-based instruments, combining the strengths of Broadridge’s global multi-asset post-trade solution and TwoFour’s leading cross-product solution for orders, trading, front-office position keeping and treasury risk assessment. The combination allows clients to leverage best-in-class capabilities for a front- to back-office treasury solution, while enabling consolidation of their post-trade operations across assets.
The financial services industry faces an imperative to renew systems and improve operational efficiencies. This is especially critical in the FX and money markets area as regulatory mandates reshape the landscape for clearing, reporting and operational controls; and clients continue to require additional services and innovation. TwoFour and Broadridge together help financial institutions meet these challenges with their combined focus on functional, market and asset class reach; and technology and operations efficiencies.
David Campbell, Head of Strategy, Securities Processing Solutions International, Broadridge, said, “The collaboration between TwoFour and Broadridge offers our mutual clients the ability to benefit from a superior, highly efficient treasury capability with seamless process throughput; integrated with post-trade processing and operational control for other asset classes offered via Broadridge’s global, multi-asset platform. This collaboration is a natural fit based on our shared focus to provide the highest levels of value and customer service to our clients in financial services.”
Chris Davis, Co-Founder, TwoFour, said, “Working in cooperation with Broadridge enables us to provide industry participants with an opportunity to seamlessly implement a leading set of capabilities for treasury trading and operations. The integrated solution offers best-of-breed and leverages a modern HTML5 front end. We believe that our cooperation offers a competitive alternative in the treasury solutions marketplace.”
About TwoFour Systems
TwoFour offers highly scalable and flexible workflow-based transaction processing software for FX, treasury and cash management businesses within the financial services industry. TwoFour’s solutions provide real-time data and are used by leading financial services organizations to improve speed and agility, enable better decision-making, reduce risk and drive down costs. Designed for quick implementation and integration, TwoFour’s solutions leverage the latest technologies, including C#, HTML5 and Microsoft’s .NET framework, to ensure the highest levels of scalability and flexibility. For more information, please visit the ‘Systems’ section at www.TwoFour.com.