Bradesco Securities Bolsters Order Management with SS&C

Rhea-AI Summary

SS&C Technologies Holdings (Nasdaq: SSNC) announced that Bradesco Securities, Brazil's brokerage arm, has chosen SS&C MarketTrader as its core order management system. MarketTrader will enhance Bradesco's multi-asset trading capabilities, facilitate compliance with CAT and MiFID II reporting, and ensure seamless broker access via SS&C FIXLink. Bradesco expressed satisfaction with the system's user-friendliness and the smooth migration process conducted by SS&C, which reinforces their partnership moving forward.

Positive

• Bradesco Securities selected SS&C MarketTrader for its core order management, enhancing trading operations.
• MarketTrader supports compliance with regulatory reporting (CAT and MiFID II).
• Bradesco praised the timely and smooth migration to MarketTrader amidst challenging conditions.

Negative

• None.

WINDSOR, Conn., Oct. 6, 2021 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Bradesco Securities, the institutional brokerage arm of Brazil's Bradesco BBI, has chosen SS&C MarketTrader to power its trading operations.

MarketTrader will serve as Bradesco's core sell-side order management system, supporting multi-asset trading, FIX connectivity, IOI/trade advertisement and commission management. Additionally, MarketTrader will help Bradesco meet CAT and MiFID II reporting requirements. Fully integrated with SS&C FIXLink, the solution supports global access to brokers and institutions.

"We were looking for an easy-to-use and configurable global system, and MarketTrader exceeded our expectations," said Sean Harte, Head of International Sales Trading at Bradesco. "In addition, SS&C's team replaced our previous system in a timely, smooth migration despite a tough remote operating environment. We look forward to continuing our partnership."

"We are pleased to support Bradesco Securities growth," said Marcos Frisaura, V.P. of Financial Markets Group at SS&C. "We ensure customers have best-in-class technology and service to operate efficiently, from order capture to execution through to transaction and compliance reporting."

Learn more about SS&C MarketTrader here.

About Bradesco Securities

Bradesco Securities, Inc. operates as an institutional brokerage firm. The Company provides broker and dealer operations, underwriting, fixed-income portfolio analysis, bond accounting, and strategic planning services. Bradesco Securities serves clients in the United States

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 18,000 financial services and healthcare organizations, from the world's largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

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SOURCE: SS&C

 

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SOURCE SS&C