Broadridge brings to market Global Post Trade Management solution
Global Post Trade Management (GPTM) is a combination of Broadridge’s existing systems and products plus some new components.
GPTM has already been adopted by “a major investment bank”, the vendor says.
Although the solution is marketed as a new, “next generation” offering, its underlying technology comprises the existing products of Broadridge.
“GPTM incorporates Broadridge’s core processing engines, which are integrated with the GPTM components,” Broadridge explains to Banking Technology.
“For example, our international processing engine, Gloss, is fully integrated into GPTM, as well as other core components such as our North American processing engines.”
So what’s new? “New with GPTM is the extraction of business logic across our processing engines to provide global views and processing, and new visual and data components that power a global service,” the vendor says.
GPTM promises greater transparency and real-time visibility on global trades, positions, P&L and a consolidated sub-ledger.
It can be deployed as a technology service or a fully outsourced managed service, including the following operations and technology functions:
- trade capture
- matching and confirmation,
- clearance and settlement,
- cash management,
- asset servicing,
- books and records,
- regulatory reporting.