The new enhanced platform offers users with additional processing support for tri-party repurchase agreements, auto-borrows and mortgage-backed securities as well as new P&L methodology and a Bloomberg interface.
In parallel, Broadridge also extended its global fixed income client base for Gloss with three new implementations.
According to the Broadridge, the new functions of the Gloss solution will further increase users’ operational efficiency.
Broadridge head of strategy & product management, securities processing solutions international Robin Kneale said that Broadridge is pleased to be supporting the ambitions of the clients and responding to the evolving requirements of the brokerage community as they seek to rapidly launch or extend their businesses in new areas and geographies.
"This should be seen as another element of our ongoing roll-out of in-depth multi-asset capabilities which deliver increased efficiency and automation to our users’ trade processing and settlement operations," Kneale said.
