Americas Executions (AmerX) has implemented Broadridge Financial Solutions' Securities Finance and Collateral Management (SFCM) platform to support its newly launched securities lending business.

AmerX Adopts Broadridge's SFCM Platform to Launch Securities Lending Business

The SFCM platform is designed to streamline AmerX's securities lending operations, offering comprehensive tools for collateral management, trade lifecycle management, and risk assessment. This integration is expected to enhance transparency and ensure compliance with regulatory requirements.

“Broadridge's advanced solution provides essential system functionalities that enable us to offer new products and services addressing our clients' growing needs, which is crucial for business growth,” Kevin Cryan, AmerX Managing Director and Head of Securities Lending, commented.

The adoption of Broadridge's technology comes at a time when the securities finance sector is undergoing significant changes. Financial institutions are increasingly shifting towards self-clearing models and introducing new products to diversify revenue streams. The SFCM platform addresses these market trends by offering workflow efficiency and pricing flexibility.

“SFCM's comprehensive and scalable foundation will support AmerX in strengthening operations and enabling growth in an ever-evolving financial landscape,” added Darren Crowther, Head of Broadridge Securities Finance and Collateral Management.

As a front-to-back SaaS solution, SFCM caters to both buy-side and sell-side Sell-Side Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Those in the financial industry involved with the production, marketing, and the sale of bonds, forex, stocks, and other financial instruments constitute the sell-side.Products and services produced by the sell-side are geared towards those who on the buy-side. You can think of the sell-side and buy-side like a coin, you cannot have one side without the other. The sell-side is comprised of individuals, firms, fintech companies, and market makers, who are responsible for providing liquidity in th Read this Term markets, covering securities lending, repo, and collateral trading. AmerX, which operates under Lucid Capital Markets, is a member of the New York Stock Exchange and is registered with the SEC and FINRA.

Broadridge’s Exec Moves

The company has made several key executive appointments in recent months, strengthening its global leadership team and positioning itself for continued growth and innovation.

In August 2024, Simon Robertshaw joined Broadridge as the Chief Technology Officer for Trading Solutions. Based in London, Robertshaw will oversee and advance the company's front-office trading capabilities, encompassing both sell-side and buy-side trading across various asset classes and jurisdictions.

Earlier, in July, Broadridge appointed David Runacres as President of Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term. Based in Tokyo, Runacres will lead regional operations and serve as Senior Country Officer for Japan, a crucial market in Broadridge's growth strategy.

June saw the appointment of Roz Smith as Chief Operating Officer of Broadridge International. Working from London, Smith will collaborate with Mike Sleightholme, President of Broadridge International, to enhance the company's global presence and customer service in the EMEA and Asia Pacific regions.

These appointments follow the September hiring of Brian Pomraning as Chief Product Officer for Trading and Connectivity Solutions. Pomraning will lead the global product management organization and oversee the company's trading and connectivity products and services.