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Broadridge Financial Solutions Enhances OpsGPT® Technology

Broadridge Financial Solutions Inc., a key player in the Fintech sector, has announced notable advancements to its OpsGPT® platform. These enhancements are designed to streamline post-trade operations, focusing on improving inventory optimization, fails research, and email integration automation. With these upgrades, OpsGPT aims to provide firms with real-time operational insights, essential for managing risk and capital efficiently in today's fast-paced trading landscape.

Key Enhancements in OpsGPT

The enhancements include several critical capabilities:

• - Fails Research: This feature now diagnoses the root causes of settlement fails, providing instant insights that can significantly reduce the time required to resolve issues.
• - Inventory Optimization: OpsGPT now supports real-time global inventory management, proactively identifying mismatches and recommending asset transfers to maximize capital usage, potentially saving firms millions.
• - Email Integration Automation: This upgrade allows the system to interpret incoming operational emails, extract their context, and retrieve relevant data from internal systems, greatly accelerating communication response times.

Quentin Limouzi, the Global Head of Post Trade at Broadridge, emphasized the importance of these enhancements: "We are continuously innovating and evolving OpsGPT to optimize how clients can better operate and grow. In the face of shorter settlement cycles and an increased risk environment, it is crucial for firms to streamline their complex technological frameworks and ensure data harmony to facilitate AI-driven automation."

Why These Changes Matter

In an ecosystem where operational risks are escalating and the cost of capital is rising, these enhancements to OpsGPT are seen as essential for firms aiming to maintain competitiveness. With automated processes replacing traditional manual tasks, Broadridge's solutions are expected to bolster productivity and improve decision-making capabilities. By merging AI capabilities with comprehensive data platforms, the company is effectively setting the stage for enhanced workflow orchestration throughout the post-trade lifecycle.

The Importance of Harmonized Data

The success of these advancements hinges on the strength of Broadridge's data foundation. Investments made into BRx—a harmonized data model—ensure that data flows seamlessly across different asset classes and systems. This initiative aims to dismantle data silos, thus laying the groundwork for advanced analytics, automation, and accurate reporting across the global trade lifecycle.

With OpsGPT leveraging the BRx model, firms can tap into the next set of capabilities designed to automate operations and enhance reporting accuracy. By streamlining access to data, operational risks are minimized, further enriching the overall trading experience.

Conclusion

In conclusion, the advancements made in Broadridge's OpsGPT® technology promise to enhance how financial institutions manage their post-trade operations. By embracing a more intelligent, data-driven approach, firms stand to achieve improved efficiency in processes while also realizing significant cost savings. More information about these changes can be accessed through Broadridge's latest report.

Broadridge Financial Solutions has established itself as a trusted entity in the industry, delivering transformative technology solutions that support investing, governance, and communication. With over 14,000 associates across 21 countries, the company is committed to driving operational resilience and elevating business performance globally.

For further details about Broadridge and its offerings, please visit their official website at www.broadridge.com.