Broadridge Acquires M&O Systems, Expanding Regulatory Solutions Capabilities

[kreslik.news]

Broadridge Financial Solutions, Inc. (NYSE:BR), a provider of investor communications and technology-driven solutions for broker-dealers, banks, and mutual funds, has acquired M&O Systems, Inc., helping expand its wealth management and U.S. Department of Labor (DOL) Fiduciary Rule compliance capabilities, per a Broadridge statement.

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The acquisition follows one day after the group initiated a new product suite that featured a bevy of technologically driven solutions for investors to better support regulatory challenges. One of the impetuses behind the deal was the upcoming U.S. Department ... (read more)