David Becker, Broadridge
Singapore - Broadridge Financial Solutions has announced that AxiCorp, a provider of margin foreign exchange trading services, has selected Broadridge's reconciliation solution for the automation of reconciliations and investigations for its global operations.
The Broadridge solution supports front- to back-office reconciliations across the trade lifecycle and will connect AxiCorp's trading platforms to Broadridge's FX & Liquidity (FXL) post-trade processing platform. The reconciliation solution is part of Broadridge's portfolio of processing solutions that enables firms to manage their operational complexity and help to minimize their overall risk.
"Firms like AxiCorp are continually optimizing and improving their operational efficiencies, risk management processes and operational infrastructure requirements to support their business expansion strategies," said David Becker, head of Asia Pacific at Broadridge. "The combined power of Broadridge's world-class reconciliations platform and FXL's processing capabilities continues to give AxiCorp a platform to grow its global business whilst enhancing its operational effectiveness."