Broadridge Financial Solutions has purchased FundAssist Limited, a regulatory, marketing and sales solutions service provider.
Based in Dublin, Ireland, FundAssist extends Broadridge’s governance and communications business and brings a suite of capabilities to enable the composition, management and distribution of digitised regulatory and disclosure documents for global fund managers distributing in Europe
The comp data-driven, end-to-end solution includes support for Key Information Documents (UCITS KIID & PRIIPs KID), financial disclosure statements, fact sheets, translation and document and data dissemination.
“The addition of FundAssist will further extend those capabilities to the European fund market, helping clients to get ahead of today’s challenges to capitalize on what’s next,” said Patricia Rosch, head of Broadridge’s international Investor communication solutions business.
“The FundAssist team brings an exceptional depth of expertise and shares our commitment to client service excellence. FundAssist’s broad and tightly related product offerings are well-positioned to continue to grow in a fragmented market, where asset managers are increasingly migrating from legacy in-house or third party systems and consolidating disparate point solutions with a single vendor.”
Broadridge provides investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally.
Its investor communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities.
“Becoming part of Broadridge will enable FundAssist to accelerate its market reach and enhance its client service experience by tapping into Broadridge’s scale and relationships as a globally recognised FinTech leader,” said Jim O’Reilly, managing director, FundAssist. “It is a privilege to be part of Broadridge’s international expansion strategy, and we look forward to helping a growing number of global funds increase efficiency and transform their compliance frameworks in response to new regulations in the European markets.”
Copyright © 2018 RegTech Analyst
Copyright © 2018 RegTech Analyst
