Phoenix Funding Home, the capital market, brokerage, and fund administration arm of Phoenix Holdings, has chosen the Order Administration System (OMS) of Broadridge (NYSE:BR) to drive enlargement of worldwide institutional buying and selling on the Tel Aviv Inventory Trade (TASE).
“We’re proud to supply direct market entry to the Tel Aviv Inventory Trade to our shoppers, totally managed and hosted by Broadridge within the London Knowledge Heart atmosphere,” stated Elad Burshtein, CEO of Phoenix’s Brokerage and Portfolio Administration platform. “Broadridge’s answer considerably improves the toolkit obtainable to worldwide shoppers wishing to entry the TASE. This strategic partnership is an indication of our dedication to innovation, shopper service and strategic worth creation inside Israeli capital markets. This initiative will facilitate larger entry for worldwide establishments to the Israeli capital market.”
“With superior buying and selling instruments and dependable know-how, Broadridge’s totally hosted OMS will allow Phoenix to deepen its already distinctive institutional worth proposition,” stated Ofir Gefen, Managing Director EMEA and APAC, Broadridge Buying and selling and Connectivity Options.
Macroeconomic traits and the emphasis on operational resilience are main companies to search for wealthy performance and lowered prices of possession of options. Broadridge’s OMS helps high- and low-touch workflows with highly effective instruments for compliance and a seamless integration to options throughout the commerce lifecycle. The OMS is related to over 200 exchanges with multi asset class capabilities and utilized by over 150 companies and 5 thousand lively merchants globally.