Danske Bank is implementing new technology to support multi-asset trading, pricing, and position management across its locations.

The Danish bank has partnered with Broadridge Financial Solutions to launch a new modular trading platform that will be integrated with existing systems.

The technology is designed to help the bank scale and streamline its operations, creating the capacity to focus on strategic initiatives rather than technology management.

“Implementing a managed solution of Broadridge’s Tbricks for multi-asset trading and market making presents us with the latest in trading technology, as well as a long-term partner which over time can expand our offerings within the equities and derivatives trading space,” said Claus Harder, global head of markets & transaction banking, Danske Bank. “After a thorough review of other FinTech and capital markets solution providers, we are excited to expand our longstanding relationship with Broadridge.”

The move comes days after Danske bank announced it had rolled out new technology as part of plans to improve its digital customer experience.

The Danish bank will progressively implement Backbase’s engagement banking platform across its digital channels over the next few years.

The technology is designed to modernise and simplify the bank’s existing IT network by reducing siloed channel applications.

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