Maybank IB & Broadridge Create SBL Technology

Maybank Investment Bank Berhad has partnered with Broadridge Financial Solutions, Inc. to grow its securities borrowing and lending (“SBL”) business. Leveraging Broadridge’s robust Securities Finance and Collateral Management (SFCM) solution, Maybank IB’s newly launched SBL offering for institutional investors utilizes proprietary technology for a front-to-back platform that is fast, transparent and Shariah-compliant. The platform’s ability to interface with downstream systems enables automation and straight-through processing (STP), resulting in enhanced client experience and better cost management. Its scalability also offers flexibility to expand into other regions seamlessly. Maybank IB was onboarded as an approved supplier and user under Bursa Malaysia’s Islamic Securities Selling and Buying – Negotiated Transaction (ISSBNT) Framework in August 2022. This allows the bank to facilitate client-driven hedging and risk management activities that comply with Shariah principles.