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Broadridge and TTC enhance post trade processing for futures and options

First Published 15th March 2016

Broadridge and Technancial deliver post-trade efficiencies for futures and options operations.

Boca Raton - Broadridge Financial Solutions and The Technancial Company have announced a strategic alliance to provide an enhanced post-trade offering for futures and options. The alliance will combine Broadridge's post-trade processing solution with TTC's real-time JANUS Margin Engine. This collaboration will provide clients with capabilities for exchange traded derivatives processing, including client clearing, while enabling consolidation of their post-trade operations across assets.

Paul Clark, Head of Institutional Product Management, Global Technology and Operations International, Broadridge, said: "The collaboration between Broadridge and TTC offers our mutual clients the ability to benefit from a superior, highly efficient exchange traded derivatives capability with seamless process throughput. The solution is integrated with post-trade processing and operational control for other asset classes offered via Broadridge's global post-trade processing platform. Our strategic alliance with TTC is a natural fit based on our shared focus to provide the highest levels of value and customer service to our clients."

Mirko Marcadella, Global Head of Business Development, TTC, said: "Working with Broadridge enables us to provide industry participants with an opportunity to seamlessly implement a leading set of capabilities for exchange traded derivatives margin and operations. The integrated solution offers best-of-breed post-trade processing and leverages a real-time solution developed for use from pre-trade calculations through to calculating initial margin for reconciliations and payments. We believe that our combined offering brings a gold standard solution to the futures and options marketplace."