Broadridge Signs Multi-Year Contract Extension with IGM Financial

[forex4you]

Broadridge Signs Multi-Year Contract Extension with IGM Financial

<p>Broadridge
Financial Solutions (<a href="https://www.financemagnates.com/tag/broadridge/" target="_blank" rel="follow">NYSE:BR</a>), a US-headquartered <a href="https://www.financemagnates.com/terms/f/fintech/" class="terms__main-term" id="891edcf3-475e-45f3-a8b8-3ba2e7d37339" target="_blank">fintech</a> company, has extended
its partnership with IGM Financial, allowing further use of Broadridge's
R.Broker solution.</p><p>IGM
Financial and Broadridge Expand Partnership</p><p>IG Wealth
Management (IG), a part of IGM Financial's family of companies based in Canada,
is actively using the tools offered by the Broadridge Wealth Platform and, with
the contract extension, will be able to expand its deployment in the coming
years.</p><p>"Building
on a successful five-year partnership, Broadridge is thrilled to expand our
relationship with a company that shares our commitment to digital
transformation," Karin Yorfido, the General Manager of Global Technology and
Operations Canada at Broadridge, said.</p><p>Broadridge
Wealth Platform is a scalable tool offering access to Broadridge's R.Broker
solution, which guarantees end-to-end services for MDFA and IIROC advisors in a
single platform. It enables the optimization of productivity and digitization
of enterprise operations.</p><p>IG will
expand the implementation of Broadridge's tools, including STP processing for
currencies, regulations, jurisdictions and dealers, as part of the extended
cooperation agreement.</p><p>"This
extended partnership furthers IG's ongoing digital transformation as we advance
our technology infrastructure to best serve the financial needs of Canadians
and engage with industry-leading organizations to provide best-in-class
technology solutions for our clients," Mike Dibden, the Chief Operating
Officer at IGM Financial, commented.</p><p>Watch this recent FMLS22 session on back-office technology usage in the fintech business.</p><p>Active Months
for Broadridge</p><p>The
extended contract with IG is just one of the collaborations the company has
opted for since last December. A week ago, LiquidX, a major financial
technology platform for trade finance, <a href="https://www.financemagnates.com/fintech/liquidx-launches-inblock-tradeops-partners-with-broadridge/" target="_blank" rel="follow">presented InBlock TradeOps</a> for business
process outsourcing services, the tool developed in partnership with
Broadridge. The two companies have been cooperating directly since 2016 when
they entered into a strategic investment alliance.</p><p>A few days
earlier, the US-headquartered fintech company leveraged the capabilities of <a href="https://www.financemagnates.com/fintech/broadridge-taps-glue42-to-link-user-interfaces-across-products/" target="_blank" rel="follow">Glue42's desktop integration platform</a> by offering a better user experience to
its customers. Glue42 is a software provider allowing users to configure and
use multi-app workflows and incorporate data.</p><p>Broadridge announced
another partnership in December 2022, <a href="https://www.financemagnates.com/fintech/broadridge-taps-intrafi-to-expand-reach-of-securities-based-lending/" target="_blank" rel="follow">cooperating with the US banking network
IntraFi</a> to extend its securities-based lending product to new markets. Under
the new partnership, IntraFi is expected to offer Broadridge's lending
technology, already used by top global banks.</p><p>In
September, <a href="https://www.financemagnates.com/fintech/news/broadridge-announces-collaboration-with-coinbase/" target="_blank" rel="follow">the company partnered with Coinbase</a>, one of the world's largest
cryptocurrency exchanges. The partnership offers interoperability between
Coinbase Prime and Broadridge Trading and Connectivity Solutions' NYFIX
order-routing network. Additionally, it provides greater access to digital
assets trading and provides market participants with improved <a href="https://www.financemagnates.com/terms/l/liquidity/" class="terms__secondary-term" id="47c3bef3-27ee-4953-8504-159e1b829b33" target="_blank">liquidity</a>.</p>

This article was written by Damian Chmiel at www.financemagnates.com.

Source: Broadridge Signs Multi-Year Contract Extension with IGM Financial