Broadridge Financial Solutions has launched a data control solution suite designed to help financial organisations address the operational challenges of managing the data life cycle.
Broadridge’s data control technology and services will enable firms to create control points across their operations to ensure data and system integrity and accurate balance, position and transaction management.
The solution suite is deployed in the cloud to offer clients an elastic platform that grows with them and helps them onboard new business requirements quickly and efficiently.
The suite can be delivered as independent applications or integrated with other Broadridge applications as a control layer.
Broadridge’s existing reconciliation and matching customers will be able to access future releases of the data control solution suite through existing maintenance services agreements to avoid forced upgrades or business disruption.
Alastair McGill, general manager of data control solutions for Broadridge said: “The data control solution suite is the latest in a succession of initiatives leveraging technology innovation to help Broadridge customers get ahead of today’s challenges and capitalise on what’s next.”
He added: “We’re focused on simplifying the process of creating control points from the broadest array of data sources to satisfy operational and regulatory requirements, such as compliance with the securities financing transactions regulation or customer protection rule.”
