Sweden’s Skandinaviska Enskilda Banken AB (SEB) has chosen Broadridge Financial Solutions to enhance its post-trade processing operations.
SEB, already utilising Broadridge’s front and middle office solutions, is now extending its use to streamline post-trade processes across both domestic and international markets.
With a strong presence in the Nordic region and a global client base, SEB is leveraging Broadridge’s straight-through processing (STP) system to improve efficiency and resilience.
The bank, which operates in more than 20 countries, will benefit from a unified system that simplifies trading workflows, ensures regulatory compliance, and supports SEB’s ability to adapt to evolving market demands.
This infrastructure enables SEB to better manage operations and meet the growing needs of its clients.
“As a leading European bank with operations in more than 20 countries, and servicing a global client base, it was important for us to partner with a technology partner that can enable our global post-trade operations to be best in class.
Broadridge is a tech leader that has enabled us to advance from discrete, asset-specific systems to a unified and strategic solution that delivers increased simplification, frictionless workflow efficiency, real-time business-wide management controls, and the ability to respond effectively to new market requirements and our customers’ evolving needs.”
said Kristian Gårder, Co-head of Equities, SEB.
“We are excited to support SEB across its full trade lifecycle, bringing transformation and innovation across its securities businesses in the Nordic region and the wider international markets.
In today’s markets, investing in post-trade efficiency is of paramount importance, and leading firms such as SEB are now in a stronger position to tackle the combined challenges of shrinking settlement periods, regulatory change and client service differentiation, while optimizing cost/income ratios and reducing risk.”
said Danny Green, Head of International Post-Trade Solutions, Broadridge.
Featured image credit: Kristian Gårder, co-head of Equities, SEB and Danny Green, Head of International Post-Trade Solutions, Broadridge. Edited from freepik