24 February 2018
visit www.ebaday.com

Broadridge completes Jasdec roll-out in Japan

05 March 2014  |  1495 views  |  0 Source: Broadridge Financial Solutions

Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that implementation of its upgraded JASDEC processing and connectivity solution suite in Japan is complete.

The solution enables firms settling and matching trades via the Japan Securities Depository Center, Inc. (JASDEC) to meet the new wave of ISO 20022 global message standards being adopted by JASDEC.

This is the first fully-executed implementation in a series of upcoming solutions related to the ISO 20022 standards that will leverage Broadridge's advanced global technology to deliver market-ready, compliant solutions to meet regulatory deadlines. The ISO 20022 standards are meant to streamline communication and reduce risk for financial institutions by transitioning to an improved single, common language.

"This market-ready, ISO 20022-compliant solution for JASDEC's 2014 change reflects our commitment to ensuring that our clients are at the forefront of market and regulatory changes internationally," said Paul Clark, Head of Institutional Strategy and Product Management, Securities Processing Solutions International, Broadridge. "It will enable our post-trade processing clients to meet their timeline obligations while mitigating exposure and increasing efficiency through global standards, and is the first deliverable in a series of ongoing market initiatives that will include SWIFT, TARGET2-Securities (T2S) and Bank of Japan (BOJ-NET)," he continued.

Broadridge supports a growing number of Japanese and global firms' operations in Japan for both domestic and cross-border processing, driven by market demand for increased levels of post-trade processing efficiency and the highest standards of service. It offers a comprehensive multi-language post-trade solution for equities, fixed income and related instruments with interfaces to both JASDEC and the Bank of Japan, together with regulatory and legal reporting for Japan. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Broadridge Financial Solutions

Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comvisit www.swift.com/your-needs/instant-paymentsVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11660 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10287 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8436 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
7978 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7695 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job