Broadridge City Networks, recently acquired business of Broadridge Financial Solutions, said that as a new user of the reconciliation solution, Broadridge will support DBS for its cash reconciliation requirements across multiple locations in the Asia region.
Broadridge claims that it offers the fixed scope, fixed price approach to the implementation of PROactive suite of solutions to give clients the choice between a proven, standard implementation or a more tailored implementation for clients preferring differentiation.
The PROactive Reconciliation solution provides configurable modules for both internal and external reconciliation across cash, payments and multi-asset capital markets transactions, as well as an increasingly liquidity management solution for ensuring best use of intra-day funds, Broadridge said.