A Smarter Multi-Asset Platform to Simplify Accounting Methodologies Across Banking Entities
A Solution for Siloed, Outdated Systems.
As organisations continue to push for better earnings transparency and capital management, assessing portfolio fair value to measure and report portfolio performance continues to be critical for financial institutions, investors, and regulatory agencies. Multi-entity organisations with different trading strategies seek a holistic view of risk-adjusted financial information essential for balanced decision making. However, they lack a reliable means to consolidate this data across entities as many clients historically have used antiquated stand-alone applications for their bank portfolio process.
Introducing a Robust System for Transaction Processing
Broadridge’s Bank Portfolio module (BP) offers a robust consolidated approach to allow a “one-stop-shop” for your transaction processing and bank portfolio needs within our fixed- income platform, impactSM.
With the BP module, multi-entity organisations with different portfolio management and trading strategies can use applicable accounting methods to record financial results while fully supporting fair value accounting (FVA).
Equipped with rules-based functionality and a configurable workflow for rule amendments, BP ensures compliance with major regulations. BP also decreases the cost overhead of banking reporting, reduces the difficulty of bringing together the fair value general ledger across various financial instruments and provides a comprehensive overview of the impact of fair value, cost lot and TBA dollar roll.