Broadridge acquires post-trade solutions business
Broadridge Financial Solutions has acquired Alpha Omega, a market-leading FIX-based post-trade solutions provider for the investment management industry. This acquisition builds on Broadridge’s recent acquisition of Itiviti.
The acquisition, which encompasses the remaining 68 per cent of Alpha Omega, will enable Broadridge to fully consolidate Alpha Omega’s post-trade matching and consolidation solution into its existing NYFIX connectivity and FIX infrastructure to better automate buy-side and sell-side firms’ trade matching processes and further accelerates Broadridge’s product roadmap.
NEW YORK and LONDON, July 19, 2021 /PRNewswire/ — Enhancing the productivity and efficiency of its trading and portfolio management solution for its asset management clients globally, Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced it will utilize OpenFin’s operating system for financial desktops.
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