The service will streamline corporate actions, dividend and coupon processing across asset classes, business lines and regions.
Tom Carey previously led the combination of all of Broadridge’s international technology businesses into a single integrated unit earlier this year.
DTCC adds FIS Global, SimCorp, Broadridge, Murex and RegTek.Solutions as partners to its Global Trade Repository for SFTR reporting requirements.
Broadridge makes first move with new FundAssist business by launching MiFID II ex-post reporting solution
Acquisition of FundAssist in May has led to new service set to help investment managers meet reporting obligations for the end of April 2019.
The alliance will also enable buy-side clients of Charles River to manage their entire trade life cycle using automated straight through processing (STP).
Broadridge’s MRC business provides real-time monitoring, alerts and business controls to asset and wealth managers, investment banks and broker-dealers.
The deal will see Broadridge combine its fund data and analytics products with MackayWilliams’ insight into European mutual fund trends.
In collaboration with JP Morgan and Northern trust as the custodian banks, the pilot was conducted in March at Santander’s AGM.
Broadridge has already completed pilot testing for a blockchian technology solution for the proxy voting and repo market.
Broadridge extends regulatory, governance and communications business to European markets through acquisition.