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Broadridge Signs BNP in Japan for Jasdec Adapter

At 18 Mar 2008 05:42:10 in A-Team Free, AMIT-Trade Settlement, AsiaMarketsIT.com, Delivery Terms    Print Article  Email Article   Full content is free with registration 

BNP Paribas Securities (Japan) has signed a new, multi-year agreement to use the Broadridge Jasdec (Japan Securities Depository Center) Adapter for its paperless equities operation. This will provide BNP Paribas with the capability to support its Japanese equities business for domestic clients as well as the clearing/custody operations they perform on behalf of their affiliates, Broadridge says, helping the firm to meet compliance requirements associated with Japan’s mandatory paperless equity regulations, which take effect in January 2009.



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