LBBW live on Broadridges Operations Outsourcing Solution

LBBW Securities, a wholly owned subsidiary of Landesbank Baden-Württemberg, is to outsource a range of functions to its subsidiary, Ridge Clearing and Outsourcing Solutions. LBBW will also implement Impact, Broadridge's fixed-income trade processing platform on an outsourced basis. Broadridge claims that its Operations Outsourcing solution will enable LBBW to outsource its trade clearance, settlement, and custody functions while utilising Ridge Clearing's centralised operations staff to

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