Monday, 26 January 2015
Last updated 2 days ago
Jul 1 2013 | 1:17am ET
Hedge fund service provider Broadridge Financial Solutions has struck a deal for a fellow asset-management servicer.
The Lake Success, N.Y.-based firm said it would add Boston-based Bonaire Software Solutions, which provides fee calculation, billing, and revenue and expense management services to a variety of money managers, including hedge funds.
"Bonaire is a great strategic fit for Broadridge. Its market-leading suite of solutions will extend Broadridge's offerings for asset managers, wealth managers and mutual funds, while strengthening our platform for the future," Broadridge CEO Richard Daley said,. "Broadridge will help Bonaire enhance its strong track record of growth by leveraging our client relationships and technology solutions in the U.S. and globally."
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…