Broadridge Buys Trade Processing Platform from M&T

Vendor will take over Wilmington Trust Retirement and Institutional Services unit


WTRIS's processing business will be combined with Broadridge’s Matrix Financial Solutions, a best-in-class mutual fund and ETF trade processing platform for the retirement industry with access to more than 25,000 funds. The addition of its expertise to Matrix’s efficient back-end technology will enable Broadridge to meet an even greater variety of client needs, including supporting larger and complex retirement plans.

The acquisition will expand Broadridge’s suite of solutions for the growing qu

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