Maybank IB Partners with Broadridge to Revolutionize Securities Borrowing and Lending

Leveraging the technological capabilities of Broadridge’s Securities Finance and Collateral Management (SFCM), Maybank IB has successfully rolled out an innovative Securities Borrowing and Lending (SBL) program tailored for institutional clients.

This state-of-the-art platform sets new benchmarks in speed, transparency, and adherence to Shariah principles. Users can anticipate an improved experience and more efficient cost control, thanks to built-in automation and Straight-Through Processing (STP). Moreover, the system has the flexibility to expand into different regional markets.

Speaking about the partnership, Tengku Ariff Azhar, Maybank Investment Bank’s COO, said, “The fusion of Broadridge’s technology with Maybank IB’s financial expertise has given birth to an all-inclusive trading solution that excels in both operational proficiency and network connectivity.”

“We’ve managed to accelerate the rollout of this new offering while conforming to the regulatory guidelines outlined by Bursa Malaysia. We have set our sights on becoming Malaysia’s pioneer in offering Shariah-compliant SBL services to the retail sector by next year.”

Maybank IB is a division of Maybank Investment Banking Group, the autonomous investment banking wing of Maybank, one of Southeast Asia’s foremost financial institutions. With a legacy spanning five decades, Maybank IB offers a variety of financial services that range from advisory roles in debt financing via bonds or sukuk, to corporate financial strategy, as well as equity market solutions and counsel on mergers and acquisitions.