Nissay Asset Management Corporation Becomes First in Japan to Implement Broadridge's Mortgage-Backed Securities Trade Assignment Portal

Rhea-AI Summary

Broadridge (NYSE: BR) announced that Nissay Asset Management implemented Broadridge's Mortgage-Backed Securities Trade Assignment Portal, becoming the first asset manager in Japan to adopt the solution on Feb 11, 2026.

Trade Assignment Portal automates Assignment of Trade (AOT) workflows for TBA mortgage-backed securities, enabling electronic contract creation, bulk AOT letters, real-time tracking, and secure cloud storage to reduce administrative workload and improve transparency.

News Market Reaction

+1.74%

1 alert

+1.74% News Effect

On the day this news was published, BR gained 1.74%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Reality Check

Price: $174.13 Vol: Volume 2,371,574 is 66% a...

high vol

$174.13 Last Close

Volume Volume 2,371,574 is 66% above the 20-day average of 1,428,305, indicating elevated trading interest ahead of this announcement. high

Technical Shares at $167.55 are trading below the 200-day MA of $234.09 and close to the 52-week low of $165.96.

Peers on Argus

Broadridge fell 2.88% with elevated volume, while key IT services peers like WIT...

Broadridge fell 2.88% with elevated volume, while key IT services peers like WIT, CTSH, FIS, LDOS, and GIB also showed single- to low double-digit declines. However, no peers appeared in the momentum scanner, so this looks more stock-specific than a confirmed sector-wide move.

Common Catalyst Several peers had routine news (conference participation, analyst recognition), suggesting broader sector softness rather than a single shared catalyst.

Historical Context

5 past events · Latest: Feb 06 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 06	CQG acquisition deal	Positive	-6.0%	Agreement to acquire CQG to expand futures and options trading suite.
Feb 06	CQG acquisition details	Positive	-6.0%	Further details on CQG acquisition and limited expected financial impact.
Feb 04	Investor conferences	Neutral	+2.2%	Participation in investor events and fireside chat with CEO.
Feb 03	Q2 FY26 earnings	Positive	-6.3%	Reported revenue and EPS growth with raised FY26 EPS guidance.
Feb 02	Board changes	Neutral	+0.6%	New director appointments and planned resignation expanding board to 10.

Pattern Detected

Recent positive fundamental and M&A updates have often been followed by negative price reactions, while lower-impact events saw modest gains.

Recent Company History

Over the past weeks, Broadridge reported strong Q2 FY26 results, with total revenues of $1,714M and recurring revenues of $1,070M, plus sharply higher diluted EPS and raised EPS growth guidance. Despite this, the stock fell on earnings and on the announced CQG acquisition, where two separate acquisition headlines each coincided with a -6.01% move. By contrast, board changes and investor event participation saw small positive reactions, indicating the market has discounted larger strategic actions while reacting more benignly to routine governance and IR updates.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-08-05

The company has an active S-3ASR shelf registration dated 2025-08-05, effective through 2028-08-05. The filing is effective, and there have been 0 recorded usage events so far, indicating no tracked takedowns against this shelf in the provided period.

Market Pulse Summary

This announcement highlights Broadridge’s continued expansion of its trading technology, with Nissay...

Analysis

This announcement highlights Broadridge’s continued expansion of its trading technology, with Nissay Asset Management becoming the first Japanese asset manager to adopt its Trade Assignment Portal for mortgage-backed securities. In the weeks prior, Broadridge reported strong Q2 FY26 growth and announced the CQG acquisition, indicating a broader push in trading infrastructure. Investors may track additional client wins, integration of recent acquisitions, and capital deployment under the active S-3ASR shelf dated 2025-08-05.

Key Terms

mortgage-backed securities, trade assignment portal, assignment of trade, tba (to-be-announced)

4 terms

mortgage-backed securities financial

"TBA (To-Be-Announced) trading of mortgage–backed securities, allowing the firm..."

A mortgage-backed security is an investment made by pooling many home loans and selling the right to the borrowers’ monthly payments to investors, so you receive a stream of principal and interest much like collecting payments on a bundle of IOUs. It matters to investors because it provides regular income but carries risks from homeowners missing payments or paying off loans early, and its value moves with interest rates and housing market conditions.

trade assignment portal technical

"has implemented Broadridge's Mortgage–Backed Securities Trade Assignment Portal (TAP)..."

A trade assignment portal is an online system used by brokers, fund managers or corporate plan administrators to record, allocate and confirm which investor accounts receive a completed trade or security. It matters to investors because the portal determines how shares or options are distributed, which tax lots are used, and when settlement and ownership officially occur — similar to a mailroom that sorts and logs which packages go to which mailbox.

assignment of trade financial

"automates and digitizes Nissay Asset Management's Assignment of Trade (AOT) processes..."

Assignment of trade is the process where one party in a negotiated contract is selected and required to fulfill the trade’s obligations — for example delivering stock or paying cash when an option or short sale is exercised. It matters to investors because assignment can create immediate, sometimes unexpected, obligations (like having to deliver shares or post more margin), which can change your position, risk and potential costs much like being called to pay a settled bet.

tba (to-be-announced) financial

"Assignment of Trade (AOT) processes for TBA (To-Be-Announced) trading of mortgage–backed..."

TBA (to-be-announced) indicates that a specific detail — such as a date, price, identifier, or other key term — has not yet been decided or disclosed and will be provided later. Investors should care because missing details can affect timing, risk and valuation; a TBA is like seeing a calendar invite with the time blank — you know the event is planned but can’t make informed decisions until the missing information is filled in.

AI-generated analysis. Not financial advice.

Broadridge's solution enables Nissay Asset Management to streamline processes, reduce administrative workload, and increase operational efficiency

TOKYO, Feb. 11, 2026 /PRNewswire/ -- Broadridge Financial Solutions Inc. (NYSE: BR), a global Fintech leader, today announced that Nissay Asset Management Corporation (NAM) has implemented Broadridge's Mortgage–Backed Securities Trade Assignment Portal (TAP), becoming the first asset management company in Japan to adopt the solution. 

"As we continue to enhance efficiency and focus on value creation for our investors, Broadridge's Trade Assignment Portal provides us with a simple and effective way to streamline AOT processes," said Shuichi Uchida, General Manager & Head of Trading Department at Nissay Asset Management Corporation. "This automation frees up time from administrative tasks, allowing us to focus more on trading and analysis."

Trade Assignment Portal automates and digitizes Nissay Asset Management's Assignment of Trade (AOT) processes for TBA (To-Be-Announced) trading of mortgage–backed securities, allowing the firm to instantly create and electronically sign contract documents, send AOT letters to multiple recipients at once, and track progress in real time. The solution also stores completed AOTs securely in the cloud, significantly reducing manual workload and improving transparency.

"We are proud to support Nissay Asset Management in modernizing their AOT operations," said David Runacres, President of APAC at Broadridge. "Trade Assignment Portal exemplifies how Broadridge helps firms across Asia achieve greater automation, transparency, and efficiency. By transforming the traditionally manual, email–based Assignment of Trade process into a connected digital workflow, Trade Assignment Portal not only streamlines operations but also builds the foundation for future network value and collaboration across market participants."

Nissay Asset Management chose Broadridge's solution because Trade Assignment Portal streamlines existing email–based AOT workflows while preserving core processes—allowing the firm to build on its operational expertise and established broker relationships. The implementation comes as Japan's asset management industry faces growing pressure to reduce routine tasks and allocate more resources toward initiatives that deliver greater value to investors. 

By reducing AOT processing time, Trade Assignment Portal enables Nissay Asset Management's traders to focus more on planning and execution, strengthening operational agility and client outcomes.

About Nissay Asset Management
Nissay Asset Management is an asset management company established in 1995 that brings together the asset management capabilities of Nippon Life Group. The company leverages its expertise in insurance asset management to supply a wide range of investment products that meet the needs of pension funds, as well as individual investors and other customers, for long-term, stable asset building.

For more details about Nissay Asset Management, please visit the website:
https://www.nam.co.jp/

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work^®, Broadridge is part of the S&P 500^® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com 

Broadridge Contacts:

Investors:
broadridgeir@broadridge.com

Media:
Gregg.Rosenberg@broadridge.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nissay-asset-management-corporation-becomes-first-in-japan-to-implement-broadridges-mortgage-backed-securities-trade-assignment-portal-302685804.html

SOURCE Broadridge Financial Solutions, Inc.

FAQ

What did Broadridge announce about Nissay Asset Management on Feb 11, 2026 (BR)?

Broadridge said Nissay Asset Management implemented its Trade Assignment Portal as the first Japanese asset manager. According to Broadridge, the Feb 11, 2026 implementation digitizes AOT workflows for TBA mortgage-backed securities and centralizes document storage and tracking.

How does the Trade Assignment Portal change Nissay Asset Management's AOT process (BR)?

The portal automates AOT creation, electronic signatures, and real-time tracking. According to Broadridge, it replaces email-based steps, enables bulk AOT letters to multiple recipients, and stores completed AOTs securely in the cloud for better transparency.

What operational benefits did Nissay Asset Management cite for adopting Broadridge TAP (BR)?

Nissay Asset Management said TAP reduces administrative workload and frees traders for higher-value work. According to the company, automation lets traders focus more on planning, execution, and analysis rather than manual AOT tasks.

Will Broadridge's TAP affect trade documentation speed for TBA MBS at Nissay (BR)?

Yes — TAP is designed to reduce AOT processing time and speed documentation. According to Broadridge, instant contract creation and electronic signing enable faster trade assignment and real-time progress tracking across recipients.

Why did Nissay Asset Management choose Broadridge's solution over email workflows (BR)?

Nissay chose TAP to streamline existing email-based AOT workflows while preserving core processes. According to Nissay Asset Management, the solution leverages operational expertise and broker relationships while adding automation and transparency.