Broadridge has launched its Broadridge digital asset capabilities that will enable companies involved in wealth management in Canada. This initiative will improve the digital investment environment in the area. This is because with the solution, the companies can effectively manage their digital assets. Additionally, this new platform has adopted the latest technologies to meet modern requirements.
“Digital assets are increasingly becoming a part of a diversified portfolio, and Canadian wealth managers need a way to support tokenization,” said Tim Gokey, Chief Executive Officer of Broadridge. “The Broadridge digital asset solution delivers a streamlined and integrated suite of capabilities built upon the scale and functional depth of our existing solutions. By simplifying complexity behind the scenes, we are creating a streamlined front-end experience for our clients that will accelerate digital adoption in Canada.”
The combination of digital assets offered by Broadridge offers an all-encompassing and scalable solution to current investment requirements:
- Support for cryptocurrencies, as well as other real-world tokens such as stocks, funds, and alternatives.
- Facilitates investments through both advisory and self-managed methods.
- Consolidated user experience with inherent governance and disclosure controls for total compliance.
- Integrated wallets and custodial solutions in institutional quality, comprising omnibus and segregated wallets and multiple custodian support.
- High connectivity between exchanges and asset managers.
Comprehensive Capabilities for Digital Asset Management
Broadridge’s digital asset features aim at enhancing transparency and scalability. Additionally, they assist companies in dealing with the increasing demand for digital assets. This means that wealth managers can offer improved portfolio management services. Broadridge has been continuously expanding its fintech products internationally. Also, the company innovates for the benefit of financial organizations. It means that companies in Canada have access to secure digital asset tools.
“A growing segment of Canadian investors and advisors want access to digital assets,” said Bill Packham, President and CEO of Aviso. “We’re pleased to see Broadridge continuing to adapt to the evolving marketplace with innovative platform solutions enabling financial institutions and advisors to expand the range of investment opportunities available to their clients.”
The solution is also in compliance with regulatory requirements within the Canadian market. It will also be very helpful for the compliance and risk management functions. With Broadridge’s digital asset capabilities, it ensures that there is smooth integration with existing technologies. All in all, this new development becomes an important milestone in the growth strategy of Broadridge.
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News Source: PRNewswire.com
