Broadridge Financial Solutions, a leading financial technology provider, announced today that the company has partnered with OpenFin, the operating system for enterprise productivity.
According to the announcement, Broadridge will use the operating system of OpenFin for financial desktops. Through the new solution, Broadridge is planning to increase the productivity and efficiency of its trading and portfolio management solution for its asset management clients internationally.
The new digital workspace solution will enable asset managers to take advantage of componentized apps with highly configurable layouts and intuitive workflows. The solution will increase the productivity of traders and portfolio managers through the reduction of time required to navigate across multiple windows and screens.
Commenting on the latest collaboration, Eric Bernstein, President of Broadridge Asset Management, said: “In this ever-evolving digital environment, clients are increasingly looking for flexibility and the ability to adapt their workspaces to meet their unique needs. OpenFin’s leading system, combined with our open architecture, will eliminate user friction and is another example of how we are setting the industry standard for flexible and adaptable next-gen investment operations.”
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Broadridge is one of the leading fintech firms with more than $4.5 billion in revenues. The company provides technology-driven solutions to various financial firms across the world including banks, brokers and asset management firms. In June 2021, German bank Bayerische Landesbank (BayernLB) announced the selection of Broadridge for regulatory trade and transaction reporting.
The New York-based operating system for enterprise productivity offers services, including workspace management and workflow automation. Investors of OpenFin include Barclays, HSBC, CME Ventures, JPMorgan and Standard Chartered. “We’re excited to be a strategic partner with Broadridge, helping clients accelerate and adapt to advanced digital workspace solutions. Providing an adaptable interface customizable to user preferences will help Broadridge’s clients boost productivity and simplify the investment management process,” Mazy Dar, CEO of OpenFin, mentioned in the official press release.
In May 2021, Broadridge completed the acquisition of the trading and connectivity technology provider, Itiviti.