Market Map: Sellside Securities Back-office Solutions

This report is an analysis of Sellside Securities Back-office Solutions. GreySpark has analyzed 11 vendor products so that readers of the report not only develop a broad understanding of the marketplace but also remain abreast of any new advances and hence can react quickly to change and take fact-based decisions.

Published on: 20 Aug, 2025somdn_product_page

Description

The efficiency and effectiveness of global post-trade processes are compromised by issues such as duplicate messaging, poor interoperability and incorrect data. This ultimately means higher costs and trade settlement delays. Centralised platforms, AI and standardisation initiatives address these inefficiencies. Meanwhile, market shifts (inlcuding T+1 settlement, 24/7 trading and DLT adoption) are reshaping operations.

For Tier 1 and Tier 2 financial institutions, the number of viable post-trade vendors is very limited, often resulting in narrow RFP pools. Many firms remain locked into legacy platforms due to lack of alternatives

Table of Contents

  • Understanding the Value Chains
  • Key Market Trends
  • Vendor Landscape
  • Sellside Securities Back-office Solutions – Vendor Profiles
    • Broadridge: GPTM; SFCM; Global Asset Servicing
    • Contemi Nova: Nova Post Trade+
    • Finastra: Summit; Sophis; Kondor; Opics
    • FIS: Post Trade Processing Platform; Securities
      Processing Suite; Cleared Derivatives Suite
    • FNZ: Syn~Suite
    • iAsia Online Systems: Broker Settlement System
    • Infocast: iBroker
    • ION Group: XTP; Anvil Trade Processing; OpenLink
    • Murex: MX.3; MXGO
    • Nasdaq: Calypso
    • Nomura Research Institute (NRI): I-STAR Suite