Broadridge Targets Front Office

Ascendis is a suite of products that aims to optimize internal operations, increase efficiency and trader productivity, as well as streamline compliance reporting, according to Broadridge officials. The vendor plans to attract self-clearing broker dealers to the Ascendis suite, according to Charlie Marchesani, president of securities processing solutions for the U.S. for Broadridge.

The vendor has already rolled out six Ascendis products, with more launches slated through the end of the year

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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