Danske Bank Upgrades Trading Capabilities with Broadridge

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Danske Bank
has chosen Broadridge Financial Solutions’ Tbricks platform to support its
multi-asset trading, pricing and position management, Broadridge announced
today (Tuesday). This movie is aimed at enhancing the bank’s capabilities in
multi-asset trading, pricing, and position management.

Tbricks is
a modular trading system that aims to help firms like Danske Bank scale
operations, focus on strategic initiatives, and predict long-term costs. The
platform will integrate with Danske’s existing infrastructure across its
locations.

“Implementing
a managed solution of Broadridge’s Tbricks for multi-asset trading and market
making presents us with the latest in trading technology, as well as a long
term partner which over time can expand our offerings within the equities and
derivatives trading space,” said Claus Harder, the Global Head of Markets
& Transaction Banking at Danske Bank.

Broadridge
said financial services companies seek highly flexible solutions as markets
rapidly evolve. Its platform intends to allow quick adaptations, sophisticated
trading strategies, and the capture of new business opportunities.

“We’re
committed to building a leading suite of innovative and scalable solutions
across the trade lifecycle,” said Ofir Gefen, the Managing Director EMEA and
APAC, Broadridge Trading and Connectivity Solutions.

Founded
over 150 years ago, Danske Bank offers financing, investments and transaction
services across the Nordic region and beyond. Broadridge provides infrastructure
powering investing, governance and communications for financial firms.

This is yet
another collaboration with a tech company in the past month for Danske Bank. In
December, they tapped the services of Netdania, a part of United Fintech, to
revamp the chart functionalities of its District platform.

Broadridge Unveils OpsGPT

Broadridge
Financial Solutions recently announced the launch of OpsGPT, a new tool aimed
at improving post-trade operation efficiency. This solution leverages
Generative AI and Large Language Model technologies to streamline and enhance
trading processes, particularly in a T+1 settlement environment. OpsGPT is
designed to offer immediate insights, expedite resolutions, and effectively
manage risks in trading operations, addressing the growing industry need for
quicker settlement cycles and heightened efficiency demands.

The fintech
company has been proactive in integrating AI into its services. In the previous
year, Broadridge introduced a similar AI-driven tool for the US corporate bond
market, which is valued at approximately $10.3 trillion.

The tool,
named BondGPT, employs OpenAI technology to improve bond selection on
Broadridge’s LTX trading platform. It allows users to efficiently search for
and identify corporate bonds based on specific parameters, demonstrating
Broadridge’s ongoing commitment to incorporating advanced technologies into
financial trading operations.

Danske Bank
has chosen Broadridge Financial Solutions’ Tbricks platform to support its
multi-asset trading, pricing and position management, Broadridge announced
today (Tuesday). This movie is aimed at enhancing the bank’s capabilities in
multi-asset trading, pricing, and position management.

Tbricks is
a modular trading system that aims to help firms like Danske Bank scale
operations, focus on strategic initiatives, and predict long-term costs. The
platform will integrate with Danske’s existing infrastructure across its
locations.

“Implementing
a managed solution of Broadridge’s Tbricks for multi-asset trading and market
making presents us with the latest in trading technology, as well as a long
term partner which over time can expand our offerings within the equities and
derivatives trading space,” said Claus Harder, the Global Head of Markets
& Transaction Banking at Danske Bank.

Broadridge
said financial services companies seek highly flexible solutions as markets
rapidly evolve. Its platform intends to allow quick adaptations, sophisticated
trading strategies, and the capture of new business opportunities.

“We’re
committed to building a leading suite of innovative and scalable solutions
across the trade lifecycle,” said Ofir Gefen, the Managing Director EMEA and
APAC, Broadridge Trading and Connectivity Solutions.

Founded
over 150 years ago, Danske Bank offers financing, investments and transaction
services across the Nordic region and beyond. Broadridge provides infrastructure
powering investing, governance and communications for financial firms.

This is yet
another collaboration with a tech company in the past month for Danske Bank. In
December, they tapped the services of Netdania, a part of United Fintech, to
revamp the chart functionalities of its District platform.

Broadridge Unveils OpsGPT

Broadridge
Financial Solutions recently announced the launch of OpsGPT, a new tool aimed
at improving post-trade operation efficiency. This solution leverages
Generative AI and Large Language Model technologies to streamline and enhance
trading processes, particularly in a T+1 settlement environment. OpsGPT is
designed to offer immediate insights, expedite resolutions, and effectively
manage risks in trading operations, addressing the growing industry need for
quicker settlement cycles and heightened efficiency demands.

The fintech
company has been proactive in integrating AI into its services. In the previous
year, Broadridge introduced a similar AI-driven tool for the US corporate bond
market, which is valued at approximately $10.3 trillion.

The tool,
named BondGPT, employs OpenAI technology to improve bond selection on
Broadridge’s LTX trading platform. It allows users to efficiently search for
and identify corporate bonds based on specific parameters, demonstrating
Broadridge’s ongoing commitment to incorporating advanced technologies into
financial trading operations.

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