Broadridge
Financial Solutions (NYSE: BR) has upgraded its
OpsGPT platform with new AI agent capabilities focused on fails research,
inventory optimization, and email automation to help financial institutions
manage risk and improve operational efficiency in post-trade processing.
Broadridge Adds AI Agent
Features to OpsGPT for Post-Trade Operations
Broadridge
Financial Solutions’ OpsGPT, a
specialized AI platform unveiled last year and designed to bring generative
AI capabilities to operations teams in financial institutions, has been
enhanced as firms navigate challenges from shortened settlement cycles and
increased capital costs, creating demand for more sophisticated automation tools
to streamline post-trade processes.
“We
are continuously evolving OpsGPT to optimize how clients can better operate and
grow, particularly by unlocking agent capabilities to better manage risk,
capital, and operational efficiency in today’s rapidly evolving trading
environment,” said Quentin Limouzi, Global Head of Post Trade at
Broadridge.
The
upgraded platform now offers expanded functionality in three areas. The fails
research capability diagnoses root causes of settlement failures and provides
immediate, actionable insights to reduce resolution times.
The
inventory optimization feature enables real-time global inventory management,
identifying mismatches and suggesting asset transfers to maximize capital
efficiency. Additionally, the email integration automation interprets
operational emails, extracts relevant information, and retrieves data from
internal systems to accelerate response cycles.
BRx Data
These
enhancements leverage AI agents that convert data into actionable insights,
improve decision-making processes, and can execute workflows autonomously. The
system is built on Broadridge’s BRx data ontology, which standardizes
information across asset classes and systems globally.
By
automating traditionally manual processes, Broadridge claims OpsGPT can help
financial institutions accelerate fail resolution, optimize capital deployment,
and reduce operational expenses, while strengthening risk management through
real-time intelligence.
Three
months ago, the company appointed Larry Conover as VP, Special Advisor for
Proxy & Corporate Actions. He brought
almost 3 decades of expertise from Fidelity Investments and BNY Pershing.
Broadridge
Financial Solutions processes over 7 billion communications annually and
supports daily trading of more than $10 trillion in securities globally. The
company employs over 14,000 people across 21 countries.
This article was written by Damian Chmiel at www.financemagnates.com.
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