Broadridge Financial Solutions, a U.S.-headquartered fintech company, has launched a privately held company to expand the reach of securities-based lending “into historically underserved segments of the market.” announced a partnership with IntraFi, a US banking network. These include stakeholders such as community and regional banks, independent broker-dealers, unaffiliated and registered independent advisors.
Under the new partnership, IntraFi will bring Broadridge’s lending technology (already used by the world’s top banks) to its members to help support and grow their securities-based lending business.
IntraFi members can also provide loans to clients of independent brokerage firms, financial advisors and registered investment advisors (RIAs) through the Broadridge Wealth Lending Network, Broadridge said in a statement issued Thursday. I was.
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Broadridge Wealth Management President Mike Alexander said the partnership will help attract more capital to the securities-based lending business and increase the likelihood of doubling down on streamlined liquidity options. Said helpful.
This partnership is a perfect example of our continued focus on building value-added services that exceed the needs of our lenders, advisors, and their clients, said Alexander.
Additionally, IntraFi co-founder and CEO Mark Jacobsen described the partnership as a “natural extension of our flexible balance sheet management services.” We are pleased to provide access to Broadridge products to thousands of banks and other financial institutions in our network, added Jacobsen.
partnership
Meanwhile, Broadridge has also initiated a number of collaborations with other financial industry stakeholders in recent months. In mid-November, Israel-based eToro partnered with Broadridge to enable proxy voting for users who invested in company stocks traded on the platform.
Thanks to our partnership with Broadridge, eToro users now have a say in corporate decision-making at many of the world’s largest companies.
In September, Broadridge partnered with Coinbase to provide interoperability between Coinbase Prime and its NYFIX order routing network, facilitating the growing cryptocurrency ecosystem.
Similarly, a month ago, after-hours trading infrastructure provider Blue Ocean Technologies announced plans to integrate Broadridge’s NYFIX order routing network into its solution, providing aftermarket access to U.S. equities. provided to the client. Blue Ocean hopes to better serve North American and Asia Pacific banks and broker-dealers.
Broadridge Financial Solutions, a U.S.-headquartered fintech company, has launched a privately held company to expand the reach of securities-based lending “into historically underserved segments of the market.” announced a partnership with IntraFi, a US banking network. These include stakeholders such as community and regional banks, independent broker-dealers, unaffiliated and registered independent advisors.
Under the new partnership, IntraFi will bring Broadridge’s lending technology (already used by the world’s top banks) to its members to help support and grow their securities-based lending business.
IntraFi members can also provide loans to clients of independent brokerage firms, financial advisors and registered investment advisors (RIAs) through the Broadridge Wealth Lending Network, Broadridge said in a statement issued Thursday. I was.
Watch the Finance Magnates London Summit 2022 session on Talent Back Office Technology for Fintech Businesses.
Mike Alexander, President of Wealth Management at Broadridge, said the partnership will help attract more capital to the securities-based lending business and increase the likelihood of doubling down on streamlined liquidity options. said.
This partnership is a perfect example of our continued focus on building value-added services that exceed the needs of our lenders, advisors and their clients, said Alexander.
Additionally, IntraFi co-founder and CEO Mark Jacobsen described the partnership as a “natural extension of our flexible balance sheet management services.” We are pleased to provide access to Broadridge products to thousands of banks and other financial institutions in our network, added Jacobsen.
partnership
Meanwhile, Broadridge has also initiated a number of collaborations with other financial industry stakeholders in recent months. In mid-November, Israel-based eToro partnered with Broadridge to enable proxy voting for users who invested in company stocks traded on the platform.
Thanks to our partnership with Broadridge, eToro users now have a say in corporate decision-making at many of the world’s largest companies.
In September, Broadridge partnered with Coinbase to provide interoperability between Coinbase Prime and its NYFIX order routing network, facilitating the growing cryptocurrency ecosystem.
Similarly, a month ago, after-hours trading infrastructure provider Blue Ocean Technologies integrated Broadridge’s NYFIX order routing network into its solution to give its clients aftermarket access to U.S. equities. announced plans to Blue Ocean hopes to better serve North American and Asia Pacific banks and broker-dealers.