Broadridge to Target Counterparty Data

JERSEY CITY-Outsourcing service provider Broadridge Financial Solutions is planning to launch a counterparty data service in the first half of 2008, officials tell IRD.

The organization, formerly ADP's Brokerage Services Group, already has a global reference data solution, providing clients with data management outsourcing services. "Instrument reference data was phase one and counterparty data is phase two," says Richard Stumm, vice-president of business development, Broadridge Financial Sol

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