Fintech firm Broadridge Financial Solutions has completed the acquisition of FundAssist, a Dublin-based regulatory, marketing and sales solutions service provider to the global investments industry, for an undisclosed sum.
FundAssist offers support for Key Information Documents, financial disclosure statements, fact sheets, translation as well as document and data dissemination.
Broadridge said that the deal would allow it to compose, manage and distribute digitised regulatory and disclosure documents for fund managers distributing in Europe.
Broadridge head of international investor communication solutions business Patricia Rosch said: “Broadridge is already a leading service provider for the North American fund industry. The addition of FundAssist will further extend those capabilities to the European fund market, helping clients to get ahead of today’s challenges to capitalize on what’s next.
“The FundAssist team brings an exceptional depth of expertise and shares our commitment to client service excellence.”
FundAssist managing director Jim O’Reilly added: “Becoming part of Broadridge will enable FundAssist to accelerate its market reach and enhance its client service experience by tapping into Broadridge’s scale and relationships as a globally recognized fintech leader.”