Broadridge enhance capabilities for international post-trade processing
15 October 2024 US
Image: stock.adobe.com/Jawed Gfx
Broadridge has enhanced its operational resilience solution and services for international post-trade processing.
The launch of these enhancements comes amid increasing levels of sophistication and prevalence of cyber threats, as well as board mandates on operational resilience, the firm says.
These capabilities aim to allow firms to comply with the EU鈥檚 Digital Operational Resilience Act (DORA) and other global regulations demanding a heightened level of operational resilience.
Danny Green, head of international post-trade solutions at Broadridge, adds: 鈥淚t is vital that firms are advancing their plans for the timely completion of both inhouse and third-party system reviews, and that they have a robust strategy to meet their prescribed recovery time objectives (RTOs) for their operating model.鈥
The launch of these enhancements comes amid increasing levels of sophistication and prevalence of cyber threats, as well as board mandates on operational resilience, the firm says.
These capabilities aim to allow firms to comply with the EU鈥檚 Digital Operational Resilience Act (DORA) and other global regulations demanding a heightened level of operational resilience.
Danny Green, head of international post-trade solutions at Broadridge, adds: 鈥淚t is vital that firms are advancing their plans for the timely completion of both inhouse and third-party system reviews, and that they have a robust strategy to meet their prescribed recovery time objectives (RTOs) for their operating model.鈥
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