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Broadridge acquires Message Automation

First Published 9th March 2017

Acquisition extends Broadridge's regulatory and compliance capabilities for capital markets firms and investment managers.

London - Broadridge Financial Solutions has extended its global post-trade control capabilities for sell-side and buy-side firms in capital markets through the acquisition of Message Automation, a provider of post-trade control solutions.

The acquisition accelerates Broadridge's ability to allow firms to transform their risk and compliance capabilities, particularly for complex asset classes.

Financial institutions have had to implement regulatory trade and transaction reporting solutions for Dodd-Frank, EMIR and other G20 mandates and they still face waves of regulations including MiFID II and the Securities Financing Transactions Regulation (SFTR).

Tom Carey, President of Global Technology and Operations International for Broadridge said: "Our unique operational and technological insights, complemented by Message Automation's leading technology and expertise on derivatives processing models, enable us to help clients address the fragmentation of data and connectivity standards in the post-trade marketplace."