Broadridge Completes Acquisition of Itiviti, Extending Capital Markets Franchise
Acquisition expands Broadridge's Capital Markets into the front office and strengthens multi-asset capabilities, while driving additional global scale and ability to serve clients world-wide
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NEW YORK, May 12, 2021 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has completed its previously announced acquisition of Itiviti Holding AB ("Itiviti"), a leading provider of trading and connectivity technology to the capital markets industry. The acquisition enhances Broadridge's position as a global Fintech leader and significantly strengthens Broadridge's Capital Markets franchise. It extends Broadridge's market leading back office capabilities into the front office and deepens its multi-asset class solutions, better enabling the company to help financial institutions adapt to a rapidly evolving marketplace. The addition of Itiviti's footprint in APAC and EMEA also increases Broadridge's scale outside of North America to better serve global clients.