Broadridge Financial Solutions’ recently acquired business, Broadridge City Networks, has been awarded the SWIFTReady label for PROactive Reconciliation. The accreditation ensures that the PROactive Reconciliation solution meets the latest stringent requirements for SWIFT messaging standards and back-office automation.
Broadridge City Networks’ PROactive Reconciliation solution provides configurable modules for both internal and external reconciliation across cash, payments and securities as well as an increasingly popular liquidity management solution for ensuring best use of intra-day funds. An integrated exception management module ensures a comprehensive back-office solution that can increase process automation while reducing operational risk.
Patrik Neutjens, head of partner management at SWIFT, said: “Considerable focus and dedication to product development is required in order to achieve SWIFTReady status. This accreditation recognises both product leadership and innovation, and that end-users are realising tangible business benefits from using the Broadridge City Networks solution. We look forward to another year of working with the Broadridge team.”
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