Nissay Asset Management Digitizes MBS Trading via Broadridge's TAP Portal

Nissay Asset Management has become the first Japanese asset manager to adopt Broadridge Financial Solutions' Mortgage-Backed Securities Trade Assignment Portal (TAP). This strategic move focuses on automating and digitizing the Assignment of Trade (AOT) workflows for TBA mortgage-backed securities. By implementing this technology, the firm aims to significantly reduce manual administrative burdens and enhance operational transparency across its trading activities. The transition allows traders to shift their focus from repetitive manual tasks to more strategic market activities and portfolio management. This adoption highlights a growing trend of digital transformation within the Japanese bond market's infrastructure. Furthermore, Broadridge continues to expand its footprint in Asia by providing specialized fintech solutions for complex financial instruments.