Fintech
Broadridge Completes Acquisition of RPM Technologies, a Leading Provider of Canadian Wealth Management Technology
Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader and part of the S&P 500® Index, has completed its previously announced acquisition of RPM Technologies, a leading Canadian provider of enterprise wealth management software solutions and services. The acquisition brings important new capabilities and next-generation technology to clients of both RPM and Broadridge.
RPM’s state-of-the-art technology platforms support over 15 million customer accounts and build on Broadridge’s strong Canadian wealth management business, providing a solution set for the retail banking sector and adding enhanced mutual fund and deposit manufacturing capabilities. RPM has proven capabilities in the Mutual Fund Dealers Association of Canada marketplace with a suite of services and solutions and a successful track record of winning and on-boarding new clients.
SOURCE Broadridge Financial Solutions, Inc.