Broadridge taps ex-Commerzbank Stephan Müller as fintech targets Germany
“We are actively engaged with a growing number of banks and financial institutions in Germany and the broader European region.”
Broadridge has appointed Stephan Müller as Managing Director for Germany, where he will be responsible for leading and growing Broadridge’s overall business in the country, across all solution lines in its Global Technology and Operations portfolio and its Investor Communication Solutions, as well as managing Broadridge’s Payments-as-a-Service (PaaS) business and financial messaging services.
Stephan Müller joins Broadridge from Commerzbank AG where he held a succession of divisional board member roles including for Banking Operations, CIO and, most recently, Transaction Banking. Previously at Dresdner Bank he was CIO for Corporate and Private Clients, and prior to that, Global Head of Transaction Banking & Customer Service.
The highly respected senior member of the German banking community is based in Frankfurt and joins Broadridge’s International Leadership Team.
Samir Pandiri, President of Broadridge International, said: “We are actively engaged with a growing number of banks and financial institutions in Germany and the broader European region who are seeking modern technology solutions and mutualised, shared services to capture new revenue opportunities while responding to a challenging combination of mandatory change, heightened regulatory scrutiny and ageing technology architectures. Stephan brings strong, inspirational leadership, extensive experience and deep market knowledge that will be fundamental to our solution and service provision as we embark on the next stage of our regional growth trajectory.”
Broadridge’s LTX – Charles River integration
Earlier this month, Broadridge completed a successful integration of its artificial intelligence (AI)-driven digital trading platform, LTX, with the Charles River Investment Management Solution (Charles River IMS), enabling the firm’s OEMS users to better access aggregated liquidity and leverage transparency and price discovery within their existing workflows through their existing relationships with their dealers.
The LTX e-trading platform uses data science and its own patented trading protocol, RFX, to provide the buy-side and sell-side with a more complete view into pre-trade and post-trade liquidity, ultimately helping market participants facilitate natural liquidity discovery and find best execution.
In September 2021, Broadridge announced Ted Bragg and Jim Kwiatkowski joined the leadership team of LTX, working closely with LTX CEO Jim Toffey to accelerate the digitization of corporate bond trading.
Ted Bragg, an industry veteran with more than 30 years of executive leadership in the global markets, will be in charge of further enhancing LTX’s trading capabilities.