Search
Close this search box.
Broadridge

Broadridge Enhances NYFIX Matching Solution with Symphony Messaging

Broadridge Financial Solutions, a global Fintech leader, announced a partnership with Symphony, the communication and markets technology company, to integrate messaging technology into the NYFIX Matching platform. This latest innovation empowers asset managers to communicate directly with brokers via Symphony’s secure messaging platform, enabling compliance, transparency and streamlined resolution of post-trade discrepancies.

“By integrating Symphony’s messaging functionality, we are enabling clients to resolve post-trade inaccuracies faster and with greater ease, ultimately enhancing operational efficiency,” said Georger Rosenberger, Head of NYFIX, Broadridge Trading and Connectivity Solutions. “This is the latest example of simplifying the client experience with innovative solutions to meet their evolving needs and help them better operate, innovate and grow.”

Financial Technology Insights: SS&C Technologies Acquires FPS Trust

As the first post-trade matching tool in the industry to offer integrated messaging capabilities, NYFIX Matching addresses a critical gap in the market. The introduction of messaging functionality responds directly to client feedback, who expressed a desire for faster and more direct communication with brokers. This functionality is now available for NYFIX customers.

Financial Technology Insights: Jack Henry and Moov to Implement Visa Direct to Enable Fast, Seamless Payments

“As the financial industry advances towards workflow digitization, it has become increasingly reliant on modern, secure, and interoperable collaboration tools to mitigate risks and increase efficiencies,” said Brad Levy, CEO of Symphony. “Through this collaboration, we are able to accelerate trade flows and improve real-time transactional accuracy for Broadridge’s clients.”

Financial Technology Insights: BRG Bolsters Financial Crimes Capabilities with Three New Hires

To share your insights with the FinTech Newsroom, please write to us at news@intentamplify.com

Source: prnewswire

Share With
Contact Us