Broadridge Announces its Integration with FundApps’ Regulatory Compliance Technology

Fintech major Broadridge Financial Solutions, Inc. (NYSE: BR) today announced its partnership with RegTech provider FundApps. This new collaboration aims to integrate Broadridge's buy-side portfolio and order management solution with FundApps' regulatory compliance technology.

As detailed in the official announcement, this new partnership enables Broadridge's clients to benefit from a unique regulatory compliance solution that addresses managers’ needs across shareholder disclosures, sensitive industry monitoring and position limit reporting, removing operational challenges in their search for alpha.

Broadridge’s portfolio and order management solution offers an integrated approach to modeling and executing trades and tracking portfolios in real-time, as well as helps firms ensure their compliance and operations are up to date. Global hedge fund and asset management clients utilize Broadridge’s automated processes to improve data quality and manage compliance requirements, allowing them to focus on earning returns for clients. These clients will now enjoy FundApps’ compliance-as-a-service solution that automates compliance monitoring and reporting.

​The combined capabilities will enable clients to leverage a fully automated interface that will support the daily updating of client holdings in the FundApps system, and maintain a complete and up-to-date global database of companies and regulatory rules. The enhanced platform offers solutions to clients seeking to avoid fines and reputational damage, reduce reporting time, retire legacy software and prove their adherence to regulatory requirements.