Kuala Lumpur, Malaysia – In an effort to streamline their offerings for securities borrowing and lending products, Malaysia-headquartered banking firm AmInvestmentBank has recently announced its deployment of the securities finance and collateral management platform of Broadridge Financial Solutions, Inc.
This move builds on their shared commitment to transform and expand prime brokerage business lines while also contributing to broader efforts to add and enhance value for their clientele.
In this initiative, the single platform allows the bank to streamline and innovate trading, manage collateral, and handle trade lifecycle events while also integrating with their existing systems.
It also operates as a front-to-back SaaS solution for securities finance, used across the global buy- and sell-side securities lending, repo, and collateral trading markets.
Moreover, the said solution enables firms to improve their existing securities finance operations and venture into new global markets and opportunities, providing a core foundation for business growth.
Tracy Chen Wee Keng, chief executive officer at AmInvestment Bank, said, “An increasingly sophisticated and volatile market has made securities finance an important focus of our growing prime brokerage business. Broadridge’s solution has a strong track record for delivering industry-leading systems, which will deliver a better experience for our customers.”
“Additionally, we are now able to manage the operational aspects of securities lending more effectively within a controlled and scalable environment, setting us up for robust future growth and adaptability to evolving market dynamics,” she added.
Darren Crowther, head of securities finance and collateral management solutions at Broadridge, also shared, “We are thrilled to enable AmInvestment Bank to expand their securities finance capabilities in the APAC region. The financial landscape is rapidly evolving, and our Securities Financing and Collateral Management platform is designed to help forward-thinking institutions like AmInvestment Bank stay ahead in the market.”
“This implementation is particularly significant as it addresses the growing need for sophisticated financial solutions amidst the opening of emerging markets and evolving stock lending agreements,” Crowther concluded.
