Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.
Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that Prophet Capital Asset Management, a $2.3 billion structured credit hedge fund, has adopted Broadridge’s integrated trading, portfolio management and operating platform.
Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that Edward Jones financial advisors will have access to Broadridge’s Performance Analytics platform, delivering a flexible, highly transparent performance reporting and analytics tool for retail investors.
Nearly two-thirds of equity analysts (61 percent) who cover global capital markets institutions expect regulatory pressures on banks to intensify further through 2020, with potential new capital rules, informally known as “Basel IV,” likely to have the greatest effect on their operations, according to a global survey of nearly 150 buy-side and sell-side analysts.
SBI Securities Co., Ltd., one of Japan's largest online securities companies, has selected Broadridge Financial Solutions' (NYSE: BR) post-trade technology solution.
Broadridge Financial Solutions, Inc. (BR) has acquired privately-held investment accounting solutions provider QED Financial Systems, Inc. QED provides software-based investment accounting solutions, data management and outsourced investment accounting services to more than 40 institutional investors and asset managers who together have more than $1.5 trillion in assets under management. Terms of the transaction were not disclosed.
Broadridge Financial Solutions, Inc. (NYSE: BR) today reported financial results for the first quarter of its fiscal year 2016. Results for the three months ended September 30, 2015 compared with the same period last year were as follows:
Broadridge Financial Solutions, Inc. (NYSE: BR) has hired three senior executives to its London office to expand the firm’s support for global financial institutions in key market-centers internationally.
Broadridge Financial Solutions, Inc. (NYSE:BR), a leading provider of investor communications solutions for broker-dealers, banks, mutual funds and corporate issuers globally, has expanded its services to support end-to-end local market proxy processing in Germany, Italy, Belgium, Hong Kong, Australia and New Zealand.
Large banks could save up $4 billion each year by adopting a shared utility model for trade processing, according to a study by Broadridge.
© Finextra Research 2016