Broadridge Announces Acquisition of ECS Assets from Jordan & Jordan

The global Fintech leader Broadridge Financial Solutions, Inc.(Broadridge) announced on July 1 that it has acquired the cloud-based Execution Compliance and Surveillance Service (ECS) assets from Jordan & Jordan, for the purpose of further enhancing its regulatory compliance capabilities for broker-dealers.

The solution provides a combination of surveillance and regulatory reporting as well as compliance consulting capabilities for US regulations. 

Reportedly, the acquisition enables Broadridge to further extend its strategic regulatory reporting capabilities as well as add compliance and regulatory reporting consulting capabilities. The solution allows broker-dealers to more effectively comply with regulations such as SEC Rules 605/606 and Consolidated Audit Trail (CAT) and strengthens their capabilities around best execution, trade surveillance and the detection of fraud-based manipulative activity. It also enables clients to monitor the effectiveness of their required policies and procedures and provide detailed records to demonstrate a commitment to ongoing surveillance.

Earlier in June, Fazzaco learned that Broadridge has acquired AdvisorStream, an award-winning digital marketing automation platform​.