Broadridge expands ClearancePro

Broadridge Financial Solutions today announced new functionality for its ClearanceProSM processing capabilities for clients in North America.

ClearancePro is a pre-settlement and settlement clearing solution that provides a set of applications that connect client processing systems to the respective industry utilities or client internal solutions.

The new ClearancePro Obligation Warehouse application and updates to ClearancePro’s CDS and CDCC applications eliminate manual and error-prone processes, enhances risk management and consolidates clearance and settlement into a single location.

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The staff of Advisor.ca have been covering news for financial advisors since 1998.