Broadridge taps ex-Commerzbank Stephan Müller as fintech targets Germany

Rick Steves

“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.

Read this next

Digital Assets

BlackRock digs further into crypto with metaverse ETF

BlackRock, the world’s largest asset manager with almost $10 trillion in AUM, is set to launch a new metaverse ETF to help investors securely monetize on the booming immersive version of the internet.

Digital Assets

Binance wins license in New Zealand as rival Huobi shutters derivatives

Binance, the world’s largest crypto exchange by traded volume, has obtained licenses to operate in New Zealand, even after rival Huobi shutdown derivatives trading last month due to concerns about regulations.

Retail FX

Hong Kong busts perpetrators of ‘ramp and dump’ scam

Hong Kong’s financial watchdog, the Securities and Futures Commission (SFC), has charged thirteen suspects of market manipulation in a joint operation with the local police.

Institutional FX

TradingView integrates market data from German Tradegate exchange

TradingView announced that it ‎has increased data coverage to allow its users to receive information from ‎and get free access to the intra-day and tick data from Tradegate Exchange.

Retail FX

Spotware Systems introduces Custom Push Notifications for cTrader mobile apps

Spotware Systems, a technology provider for the electronic trading industry, is introducing a new push notification feature to alert mobile users of price swings and market fluctuations through their cTrader app.

Market News

The Week Ahead: 30 September from David Madden, Market Analyst at Equiti Group

Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.

Inside View

How does the quality of signal providers affect your business?

A must-have onboarding process for brokers with investment services like PAMM, MAM, or copy trading

Technology

DBS deploys Nasdaq Trade Surveillance

“The confidence that markets and our clients have in DBS as a safe and trusted banking group is anchored on our ability to detect and respond to anomalous activity, which in turn calls for a robust surveillance and prevention infrastructure.”

Industry News

SEC charges Justin Costello and David Ferraro for securities fraud and posing as billionaire veteran

The Securities and Exchange Commission charged Cannabis executive Justin Costello and David Ferraro, an associate of Costello’s, for promoting the stock of several microcap companies on social media without disclosing their own simultaneous stock sales as market prices rose.

<