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SOFTWARE (NON-INTERNET/MOBILE) | Accounting & Finance Software
shadowfinancial.com

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Founded Year

1997

Stage

Acquired | Acquired

About Shadow Financial Systems

Shadow Financial Systems provides multi-asset class post-trade solutions for the capital markets industry.

Shadow Financial Systems Headquarter Location

1551 South Washington Ave

Piscataway, New Jersey, 08854,

United States

732-225-6800

Latest Shadow Financial Systems News

Broadridge Adds Crypto and ETD Capabilities with Acquisition

Oct 1, 2019

Fintech firm Broadridge Financial Solutions, Inc. announced this Tuesday that it has added cryptocurrency and exchange-traded derivatives capabilities through the acquisition of Shadow Financial Systems, Inc. Shadow Financial Systems is a provider of multi-asset class post-trade solutions for the capital markets industry. By acquiring the company, Broadridge will be able to build upon its current post-trade processing capabilities by expanding it to include a market-ready solution for exchanges, interdealer brokers and proprietary trading firms. The terms of the deal were not disclosed, except for the fact that Alantra acted as an exclusive financial and strategic advisor to Shadow Financial Systems, Inc. Broadridge is a  $4 billion global Fintech leader and a part of the S&P 500 Index. Suggested articles Michael Alexander, co-head of North American Wealth and Capital Markets Solutions for Broadridge Source: LinkedIn Commenting on the acquisition, Michael Alexander, co-head of North American Wealth and Capital Markets Solutions for Broadridge said: “The acquisition of Shadow Financial Systems is the latest example of Broadridge building upon our industry leading capital markets solutions. We look forward to bringing real benefits to a new set of market participants as well as new capabilities to our existing client base.” Recent Broadridge acquisitions Broadridge has been on an acquisition spree of late. As Finance Magnates reported , the company announced its acquisition of RPM Technologies, a Toronto-based provider of enterprise wealth management software solutions and services, back in June. So far this year, the financial services giant has also acquired Dublin-based Rockall , which provides collateral management and securities-based lending (SBL) to financial institutions, as well as a set of regulatory reporting technologies from PivotData, a data warehouse company and provider of regulatory technology solutions to the investment management industry, and its partner, Sol Hedge. Don Marino, President of Shadow Financial Systems Source: LinkedIn “We are excited to join industry leader Broadridge and to better serve our clients’ evolving needs while adding the scale, deep domain expertise and technology resources that Broadridge can provide,” added Don Marino, President of Shadow Financial Systems, Inc. Share this article

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Expert Collections containing Shadow Financial Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Shadow Financial Systems is included in 1 Expert Collection, including Fintech.

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Fintech

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US-based companies

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