Broadridge Financial Solutions announced that Nissay Asset Management Corporation has implemented its Mortgage-Backed Securities Trade Assignment Portal (TAP), making it the first asset management company in Japan to adopt this solution. The TAP automates and digitizes Assignment of Trade (AOT) workflows for TBA mortgage-backed securities, streamlining processes, reducing administrative workload, and improving transparency for Nissay Asset Management. This move is expected to enhance efficiency, allowing traders to focus more on strategic activities rather than manual administrative tasks.
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Japan fund turns mortgage bond paperwork digital with Broadridge
Broadridge Financial Solutions announced that Nissay Asset Management Corporation has implemented its Mortgage-Backed Securities Trade Assignment Portal (TAP), making it the first asset management company in Japan to adopt this solution. The TAP automates and digitizes Assignment of Trade (AOT) workflows for TBA mortgage-backed securities, streamlining processes, reducing administrative workload, and improving transparency for Nissay Asset Management. This move is expected to enhance efficiency, allowing traders to focus more on strategic activities rather than manual administrative tasks.