Baader Bank modernises regulatory trade and transaction reporting with Broadridge
Germany-based Baader Bank is modernising its regulatory trade and transaction reporting with Broadridge Financial Solutions’ tech.
Baader Bank taps Broadridge for regtech
The two companies already have an established “strategic relationship”, Broadridge says, with Baader Bank using the vendor’s front and middle office solutions for order management, trading, and market connectivity.
Baader Bank offers its European clients access to asset classes such as equities, bonds, derivatives, and funds/ETFs, as well as primary market transactions.
Broadridge’s regtech platform will support the requirements across multiple jurisdictions, including MiFID, FinfraG, EMIR (Refit) and SFTR. The new “holistic reporting solution will ensure a more unified and comprehensive regulatory reporting framework” at the bank, according to the vendor.
Baader Bank is a family-run bank with its headquarters in Unterschleissheim near Munich. It employs around 550 people and operates in market making, capital markets, brokerage, fund services, account services, and research services.
With over $6 billion in revenues and 14,700+ employees across 21 countries, Broadridge is a long-standing provider of investor communications and technology solutions to banks, broker-dealers, asset and wealth managers, public companies, investors, and mutual funds.
Among its clients are UBS, Danske Bank, Maybank Investment Bank, NorthWall Capital, and CGS International.
