Thursday, December 12, 2024

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

Subheading

First Abu Dhabi Bank collaborates with Broadridge Financial Solutions to expand its global agency securities finance business, leveraging advanced technology for enhanced market coverage.

Highlights

  • Strategic Partnership: First Abu Dhabi Bank partners with Broadridge to enhance its global agency securities finance business.
  • Advanced Technology: The collaboration leverages Broadridge’s advanced Securities Finance and Collateral Management (SFCM) solution.
  • Market Expansion: This partnership aims to expand securities finance within the UAE and the broader Middle East region.

First Abu Dhabi Bank (FAB) has announced a strategic partnership with Broadridge Financial Solutions to build out its global agency securities finance business. This collaboration marks a significant milestone in the expansion of securities finance within the UAE and the broader Middle East region. By leveraging Broadridge’s advanced Securities Finance and Collateral Management (SFCM) solution, FAB aims to enhance its coverage of global fixed income and equities markets.

The partnership is aligned with local regulatory needs and international best practices, catering to the growing demand for securities lending and borrowing within the Middle East. This initiative is expected to yield new opportunities and efficiencies, benefiting clients across the globe.

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