The Swiss real estate asset manager says it using the SaaS platform to help boost growth.
Swiss real estate asset manager Swiss Finance & Property Group (SFP Group) is using an investment management technology platform from Broadridge Financial Solutions to oversee more than $15 billion in assets under management.
The platform is based on a software-as-a-system (SaaS) platform that is intended to help SFP Group prepare for more growth with a full front-to-back transformation, officials say.
“SFP Group conducted a comprehensive multi-year target operating model evaluation with a goal of replacing legacy portfolio management and Swift infrastructure systems with advanced infrastructure to support its growing business,” officials say. The goal of an integrated front-to-back platform was to “unify workflows and data across trading, portfolio management, risk, operations, and compliance teams — reducing manual processes, improving transparency, and enabling scale.”
According to the agreement, Broadridge will provide SFP Group with an integrated platform of investment management solutions such as trade order and execution management, portfolio management, pre- and post-trade compliance, risk management, middle office operations, and regulatory transaction reporting, officials say.
“The implementation also includes Broadridge’s Swift services and trade settlement monitoring, while performance measurement and portfolio simulation capabilities will be powered by Confluence’s Revolution, a Broadridge strategic partner for performance analytics,” officials add.
Other elements of the implementation include “integration between Broadridge’s trade blotter and execution management tools” in support of portfolio managers and traders.
The Broadridge platform also provides trade and transaction reporting technology, “eliminating manual workarounds and mitigating operational and compliance risks,” officials say. There is also connectivity to the SIX Swiss Exchange and BX Swiss for settlement, built-in regulatory controls, and oversight tools to support adherence to Switzerland’s evolving FINMA requirements for outsourcing, cyber risk, and operational resilience.
“This front-to-back operational and technology transformation is a foundational step in aligning our technology infrastructure with our long-term growth ambitions and regulatory commitments,” says Nicolas Di Maggio, CEO of Swiss Finance & Property AG, in a prepared statement.
Broadridge helps asset managers streamline investment operations, comply with changing regulations, and drive revenue and profitability, officials say. Broadridge serves nearly 500 asset managers globally.
Broadridge’s services, systems, and software support firms at investing, governance, and communications. The company’s wares “underpin the daily average trading of over $15 trillion in equities, fixed income, and other securities globally,” officials say.
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