Latest Broadridge Financial Solutions News: Finextra Research

Broadridge preps India hiring spree

American fintech Broadridge is ramping up it headcount in India as it bids to cash in on the emerging economic superpower's rapidly-growing potential customer base.

24 January 2025

/crypto

Broadridge to offer JPM Coin as settlement mechanism for DLR platform

JP Morgan has struck a deal to offer its JPM Coin digital token as a settlement mechanism for Broadridge's DLR (Distributed Ledger Repo) platform.

14 May 2024

/markets

Broadridge releases GenAI tool for cutting settlement fails

Broadridge has launched a ChatGPT-style Large Language Model for streamlining back office operations and cutting settlement fails.

11 January 2024

/wholesale

Wealthtech player Tifin raises $47m

Tifin, an umbrella group operating a host of AI-powered fintech businesses in the asset and wealth management industry, has hit a $447 million valuation off the back of a $47 million Series C funding round joined by Hamilton Lane and existing investors JP Morgan Asset Management, Morningstar and Broadridge.

29 October 2021

/wealth

JP Morgan, Morningstar and Broadridge invest in Tifin

The Tifin Group, an umbrella group operating a host of fintech companies in the asset and wealth management industry, has raised $22.3 million in a Series B funding round joined by JP Morgan Asset Management, Morningstar and Broadridge.

20 April 2021

/markets

Broadridge to acquire Itiviti for $2.5 billion cash

Broadridge is to acquire front office trading technology firm Itiviti in an all-cash transaction valued at $2.5 billion from Nordic Capital.

29 March 2021

/cloud

Compliance in the cloud for a demanding regulatory environment

The cloud has fundamentally altered the economics and time to value of risk management and regulatory reporting. By allowing banks to handle the real-time, daily and periodic nature of regulatory reporting in an elastic manner, cloud computing has also provided cost-effective, long-term (and immutable) data storage to respond to queries from regulators.

12 July 2019

/wholesale

Northern Trust transfers PE blockchain to Broadridge

Northern Trust is to transfer its inhouse developed blockchain platform for private equity firms to Broadridge, in an acknowledgement of the ongoing costs in upkeep and the need for an industry-neutral sales and marketing machine.

26 June 2019

/regulation

Banco Santander counts the votes at AGM using blockchain tech

Santander and Broadridge, in collaboration with JPMorgan and Northern Trust as custodian banks, have completed a test run of blockchain for investor voting at the Spanish bank's annual general meeting (AGM).

17 May 2018

/regulation

Broadridge awarded blockchain patent for proxy voting

The prospect of applying blockchain technology to the proxy voting process has become more likely after Broadridge, one of the biggest providers of investor-related services, was awarded a patent for this very purpose.

11 May 2018

/retail

Big banks partner Broadridge to pilot blockchain-based proxy voting

JPMorgan, Northern Trust and Banco Santander have teamed up with vendor Broadridge Financial Solutions to pilot the use of blockchain technology for proxy voting.

12 April 2017

/wholesale

TMX applies distributed ledger tech to proxy voting arena

Canada's TMX has developed an electronic shareholder voting system prototype based on distributed ledger technology.

06 April 2017

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