Global fintech Broadridge Financial Solutions has launched OpsGPT, a new capability for operations users, analysts, and management teams to transform their operations across the post-trade lifecycle in a T+1 trading environment.
Powered by Generative AI (GenAI) and Large Language Model (LLM) technology, OpsGPT uses transactions, settlements and positions data to provide clients real-time visibility for faster fails resolution, researching next best actions and prioritising key risk items in a single, easy-to-use interface.
The new application is a direct response to industry and regulatory changes, with reduced settlement cycles, the continuous quest for efficiency and increasing trading velocity collectively creating significant stress on firms’ legacy technology and operating models.
OpsGPT is trained on curated and harmonised data from Broadridge’s global multi-asset post trade systems which power the clearance and settlement of $10tn in trades daily. Broadridge says the result is an AI tool that can be rapidly deployed for clients and has the power to streamline access, connectivity and understanding of data across multiple asset classes to increase operations productivity.
The GenAI-powered application is integrated with Broadridge’s existing global, multi-asset class post trade solutions, allowing seamless use for clients globally.
