•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•

Matsui Securities Co., Ltd. is transforming its securities lending operations by implementing the JASDEC Processing Solution (JASDECPS) from global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR). Leveraging Broadridge's SaaS platform supports Matsui's efforts to increase revenue and enables them to better operate, innovate and grow. "This integration is crucial for expanding our presence in the securities lending market while leveraging operational efficiencies," said Shinichi Uzawa, Director, Senior Managing Executive Officer in charge of Corporate Division at Matsui Securities. "Our partnership with Broadridge perfectly aligns with our strategic transformation goals, and we are eager to embark on this new chapter." Building on the successful deployment of Broadridge's post-trade processing platform, Matsui's adoption of JASDECPS marks a significant step towards automating its securities lending processes. This transformation streamlines trade matching using the Pre-Settlement Matching System (PSMS) and automates securities transfers in JASDEC, including Delivery versus Payment (DVP) settlements. By reducing manual intervention, it accelerates the entire process to function in real-time. Matsui is enhancing transaction efficiency with Straight-Through Processing (STP) and aiming to maximize their participation in securities lending markets. "Broadridge is dedicated to supporting Matsui's strategic vision and growth initiatives," said David Runacres, President of APAC and Senior Country Officer of Japan at Broadridge. "Our SaaS solution, integrated with post-trade processing and JASDECPS, provides an optimal framework for companies to excel in Japan's evolving financial landscape. This partnership milestone enhances automation and agility in a unique market." Moving to Broadridge's SaaS platform enables rapid deployment, allowing Matsui to reduce the time required to lend out securities to the market and better meet market demands. Combining global standards with local expertise, Broadridge supports Matsui as a trusted partner in navigating Japan's complex financial sector and is paving a transformative path towards long-term business growth and resilience. JASDEC, Japan's Central Securities Depository (CSD) for equities, corporate bonds, and investment trust settlements, is set to implement its JASDEC2025 system changes in May 2026 and subsequently go-live with the new changes in 2027. JASDECPS provides comprehensive STP functionality, facilitating firms in meeting these forthcoming standards.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…