Broadridge Acquires Message Automation, Fortifying Post-Trade Solutions

Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology-driven solutions for broker-dealers, banks, and mutual funds, has acquired Message Automation Limited, helping extend its global post-trade control capabilities to both the sell-side and Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term firms across the capital markets space.

Message Automation Limited, is a provider of post-trade control solutions – the acquisition will aim to help strengthen Broadridge’s ability to transform its risk and compliance capabilities. This will include an emphasis on complex asset classes, including capital markets.

The acquisition of Message Automation is also important as Broadridge will be able to utilize its central data model, which is equipped to handle new regulations and market changes, such as the upcoming passage of MiFID II legislation.

The group had already been working with global firms in preparation for the January 2018 deadline, having already teamed up with Broadridge on addressing self-reporting needs for buy-side firms.

According to Charlie Marchesani, President of the Global Technology and Operations division of Broadridge, in a statement on the acquisition: “The addition of Message Automation will enhance our ability to help companies to reduce risk and enhance compliance while improving operational efficiency.”

“This is the third acquisition related to broadening our post-trade and data Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision-making. In the trading space, analytics are applied in a predictive manner in an attempt to forecast the price more accurately. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analy Read this Term capabilities. These recent acquisitions in securities financing, collateral management, and derivatives clearing have helped Broadridge establish a comprehensive suite of capabilities across asset classes globally, benefiting our clients who are seeking more efficiency from a single global market provider,” he added.

“Companies are faced with the growing challenge of improving their regulatory compliance and operational efficiency, under significant deadline pressures,” explained Tom Carey, President of Global Technology and Operations International for Broadridge.

“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.”

“We share Broadridge’s focus on delivering exceptional business value to clients, and we look forward to leveraging Broadridge’s scale and relationships to help accelerate industry transformation through our post-trade control solutions,” said Hugh Daly, co-founder and CEO, Message Automation.