Bringing you live news and features since 2006 

Money and calculator

Broadridge to acquire Bonaire

RELATED TOPICS​

Broadridge Financial Solutions is to acquire Bonaire Software Solutions, a provider of fee calculation, billing and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital markets firms.

 
The addition of Bonaire is another step in Broadridge’s strategy to build a suite of data-driven solutions for mutual fund, retirement and asset management firms to help them grow their businesses, operate efficiently and minimise risk.
 
"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," says Richard J Daly, chief executive officer, Broadridge Financial Solutions. "Broadridge will help Bonaire enhance its strong track record of growth by leveraging our client relationships and technology solutions in the US and globally."
 
"After careful review, we concluded that Broadridge is simply the best possible fit for Bonaire," says Christopher John, chief executive officer, Bonaire Software Solutions. "We enjoy complementary market and client linkages, with aligned products that build off each other’s strengths. Broadridge is uniquely positioned to accelerate the adoption of our fee calculation engines. Joining Broadridge will strengthen Bonaire’s client service and sales, and its global footprint will help broaden our combined breadth of product applications to new geographies and clients."

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Jigna Gibb, Bloomberg
Bloomberg Indices has recently hired Jigna Gibb as Head of Commodities and Crypto Index Products, to lead its commodities and...
Robert Minter, director of ETF investment strategy at abrdn takes a look at passive investing in commodities and shares his...
Ryan McCormack, Invesco
This year sees the 25th anniversary of Invesco’s QQQ, the USD240 billion ETF – the fifth largest ETF in the...
ETFs
The European ETF market achieved a record 28 per cent growth – reaching over USD1.8 trillion assets under management (AUM)...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by