Broadridge Financial has bought 4sight Financial Software. The company will be integrated into Broadridges securities financing and collateral management solutions allowing clients to optimize financing decisions across different asset categories.
The greater demand for collateral driven by the regulatory agenda has raised the need for a global approach to the multi-asset securities financing lifecycle, said Michael Hopkins, president of Fixed Income, Financing and Risk at Broadridge. Following the recent expansion of our North American securities lending capabilities through the acquisition of Anetics, this transaction marries 4sights proven global capabilities and 13 years of experience in securities financing with Broadridges.
The acquisition and integration of 4sight Financial will complement the recently announced Global Post Trade Management (GPTM) solution and Managed Services for business process outsourcing.
