- In an effort to provide trade finance investors additional scale and flexibility , Broadridge Financial Solutions ( NYSE: BR ) formed an alliance with fintech firm LiquidX to roll out InBlock TradeOps, a new business process outsourcing service, the companies said Tuesday.
- With the help of Broadridge's ( BR ) outsourcing capabilities, the solution "can save many organizations 30-50% on their operations expenses," said Matt Connor, chief operating officer of Broadridge's Global Technology and Operations business.
- Moreover, InBlock TradeOps allows banks, asset managers and other trade finance investors to save costs while having access to real-time information to make more timely investment, risk and compliance decisions, the companies noted.
- In December 2022, Broadridge, a provider of investor communications and tech-driven solutions for the financial services space, offered securities-based lending tech to IntraFi network .
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Broadrige Financial, LiquidX launch outsourcing solution for trade finance