Portfolio solution developer Broadridge Financial Solutions has acquired regulatory and marketing content management company Appatura.
The value of the transaction was not disclosed.
Appatura helps companies to streamline the composition of regulatory and marketing communications to help boost consistent and accuracy in content through a more automated process.
The SaaS-based platform and content management services will enhance Broadridge’s existing communications solutions for asset managers and other financial services clients. Firms will be able to streamline content curation and assembly and better manage the publishing and dissemination of material, such as fact sheets and regulatory documents.
Broadridge Mutual Fund and Retirement Solutions head of business Michael Liberatore said, “Our clients will now have access to enhanced content composition and management capabilities in a single source platform – enabling firms to better manage these communications from composition to distribution.
“This is another example of how Broadridge is helping asset management and other financial services firms streamline regulatory and marketing communications in a complex environment.”
This is the second acquisition Broadridge has completed this month, having previously entered an agreement to buy Fi360, data and analytics solution for financial advisors and intermediaries.
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