China Post Global deploys Broadridge's trading, portfolio management solution
China Post & Capital Global Asset Management has deployed Broadridge's integrated trading and portfolio management platform
Hong Kong-based China Post & Capital Global Asset Management (China Post Global) has deployed Broadridge’s integrated trading and portfolio management platform for its Market Access ETFs.
Under the deal, Broadridge will also manage the asset manager’s ETF products globally as well as the firm’s China fund distribution network.
Broadridge said its integrated trading, compliance, portfolio management and reporting solution supports the set-up, tracking, mark-to-market and management of the assets making up the synthetic ETFs.
China Post Global, the international asset management arm of China Post & Capital Fund Management, will also utilize Broadridge’s SWIFT service bureau.
China Post Global CEO Chris Satterfield said: “After acquiring the Market Access ETF range from Royal Bank of Scotland, a rapid and smooth transition was a key focus for us. Broadridge was able to natively and seamlessly support our synthetic ETF workflows, while on-boarding us in less than one month. We see Broadridge as a reliable long-term partner that can scale with us as we grow.”
Broadridge Investment Management Solutions president Bennett Egeth said: “Broadridge is very proud to be working with an innovative Asian provider like China Post Global to address this tremendous opportunity by providing efficient, scalable and future-proof portfolio management solutions.”
“Broadridge’s success in serving asset managers in Asia comes from more than just a strong technology offering — it is also due to our mature local hosting and support model, in combination with global reach and scalability, which is a strong differentiator,” Egeth added.