SNB Capital: Begins Saudi Securities Lending Journey with Broadridge
- SNB Capital is authorized by the Capital Market Authority of the Kingdom of Saudi Arabia
- Chosen global Fintech leader, Broadridge to help build its local securities lending and borrowing business
- As the largest broker and asset manager by market share in 2022 and a leading custodian in Saudi Arabia
- It will leverage Broadridge’s Securities Finance and Collateral Management (SFCM) solution
- Global markets are increasingly complex with greater numbers of potential revenue streams across the business
- Broadridge’s SFCM solution enables firms to start up rapidly, and capture securities finance growth opportunities
