Exclusive: Broadridge Gobbles Up Paladyne in a Buy-Side Shakeup

Sameer Shalaby, CEO, Paladyne Systems

Broadridge Financial Solutions announced today that it is acquiring buy-side vendor Paladyne Systems for about $76.5 million, which is subject to various adjustments. This is the latest—and greatest—step that Broadridge has made to expand its presence into the buy-side market.

"We think with the relationships we have with our sell-side clients, it was a natural extension for us to expand into the [buy-side] market," says Charlie Marchesani, president of securities processing solutions for Broadr

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: