AmerX to leverage Broadridge tech platform SFCM to support new securities lending business
Americas Executions (AmerX), a full-service broker-dealer, implements technology platform Securities Finance and Collateral Management (SFCM) from fintech company Broadridge Financial Solutions, Inc. (NYSE:BR) to drive growth for its newly launched securities lending business.
“As we launch AmerX’s new securities lending business, Broadridge’s advanced solution provides the essential system functionalities to enable us to offer new products and services that address the growing needs of our clients, which is crucial for business growth,” said Kevin Cryan, AmerX Managing Director, Head of Securities Lending.
Broadridge’s SFCM platform will enable AmerX to efficiently manage its securities lending operations, including collateral management, trade lifecycle management and risk assessment, which will ensure a streamlined process, enhance transparency, as well as compliance with regulatory requirements.
“Broadridge’s advanced technology simplifies and innovates trading within a complex ecosystem through globally scalable solutions,” said Darren Crowther, Head of Broadridge Securities Finance and Collateral Management. “SFCM’s comprehensive and scalable foundation will support AmerX in strengthening operations and enabling growth in an ever-evolving financial landscape.