The Securities Services business will use Confluence’s solution to enhance the operational efficiency of its private capital services and automate financial reporting processes
The companies say the successful collaboration demonstrates greater efficiency in bringing liquidity and risk reduction to US and European financial markets
The transaction took place between UBS and Swiss Re in February, where UBS borrowed cash from Swiss Re while delivering collateral through BNY's platform
Having joined the firm in 2020, Donnelly has achieved a number of leadership advancements, most recently serving as senior vice president of SaaS operations
Broadridge says the solution is designed to ensure firms are able to scale their digital asset solutions whilst maintaining compliance with evolving regulations in the crypto ecosystem
