Broadridge Enhances Collateral Management Offering Through Partnership with AcadiaSoft
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Speak with an analyst
Financial institutions and their advisors can subscribe to our Analyst Access* service. Effectively phone or (email) a friend you can have on tap advice and support provided by our analysts on this vendor, solution or solution category.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features
or contact us to discuss a subscription.
Subject to reasonable use.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Integration of AcadiaSoft’sMarginSphere®with Broadridge’s CollateralProTMto Streamline Processing of Margin Calls
LAKE SUCCESS, New York — Dec. 10, 2014 —Broadridge Financial Solutions, Inc. (NYSE: BR), has enhanced its CollateralProTM solution through a new partnership with AcadiaSoft, a company thatenables automatic communication and processing of margin calls for collateral management. Under the agreement AcadiaSoft’sMarginSphere® service has been seamlessly integrated with CollateralPro, which is offered to financial institutions as an in-house or Broadridge-hosted solution.
MarginSphere® is a margin confirmation community that streamlines communications between counterparties engaged in collateral management. It is the result of acollaboration between AcadiaSoft and severalleading financial institutions.
“Broadridge continues to expand itsenterprise collateral management capabilities by partnering with best-of-breed solution providers. This alliance with AcadiaSoftenhances our collateral management platform by providingfull two-way integration between CollateralProand MarginSphere®,” said Jerry Friedhoff, Managing Director of securities financing and collateral management at Broadridge. “By linking CollateralPro with AcadiaSoft’s innovative margin-call messaging and automation utility we can help institutions of all sizes improve productivity and reduce operational risks.”
“This partnership extends the reach of our solution in market segments where new regulations have made collateral management an increasingly difficult problem,” said Craig Welch, Chief Executive Officer of AcadiaSoft. “Broadridge has a proven record developing mission critical technologies for this industry and we are pleased to align our solutions in order to serve this growing market.”
Under the partnership, Broadridge will leverage its global infrastructure and operational support model to provide joint clients end-to-end margin automation functionality. This integration will enable communication on exposures, commitments and adjustments between counterparties across a full range of margin activities.
CollateralPro delivers a comprehensive, enterprise-wide collateral management systemthat enables global or regional financial institutions across the sell-sideand buy-side and service providers to transform their operations. This new Broadridge solution empowers firms to mitigatecounterparty risk, comply with changing regulations and embrace growth
-ends-
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally. Broadridge’s investor communications, securities processing and business process outsourcing solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge’s infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America, and processes more than $5 trillion in fixed income and equity trades per day. Broadridge employs approximately 6,700 full-time associates in 14 countries.
For more information about Broadridge, please visit www.broadridge.com.
About AcadiaSoft
AcadiaSoft is uniquely focused on delivering margin automation for counterparties engaged in collateral management. Headquartered in Boston and London, AcadiaSoft was founded through collaboration between major financial institutions, including eight Fed 14 banks, to create solutions that support full implementation of documented ISDA Collateral Requirements. Our Advisory Groups, Best Practice Forums and Working Groups provide a unique framework for integrating the thought leadership and capabilities of market participants, market infrastructures and key service providers across the industry. It is this framework and commitment that enables us to innovate on an industry-wide basis.
Media Contacts:
Kate McGann
+1-212-981-1395
katherine.mcgann@broadridge.com
Kara Brickman
+1-212-729-2443
Kara.brickman@edelman.com
Scott J. Petersen
+1-781-214-7900
scott.petersen@acadiasoft.com