Singapore-based CGS International Securities has implemented Broadridge’s securities finance and collateral management (SFCM) platform.
The SFCM platform is a front-to-back SaaS solution for securities finance, used across buy and sell-side securities lending, repo and collateral trading markets.
Through this solution, CGS International aims to extend automation and to minimise costs,as well as simplify workflows and exception-based processes.
“Providing a wide range of products and services to cater to the diverse needs of our clients is a strategic imperative for CGS International,” says Ademola Olopade, group head of prime brokerage and wealth solutions at CGS International.
“Broadridge’s solution enables us to introduce additional functionalities and scalability according to our business needs, and helps us to optimise workflows for our customers.”
Darren Crowther, head of securities finance and collateral management solutions at Broadridge, adds: "In the dynamic landscape of securities finance, financial institutions must adeptly respond to emerging market trends, diversify revenue streams and accommodate a growing customer base.
“The Broadridge SFCM platform enables CGS International to scale easily to further expand their business by region or business entity, and also positions them to effectively navigate evolving market dynamics and regulatory demands."
