Broadridge acquires TwoFour Systems

Fintech firm bolts on FX and cash-management technology

Two people shaking hands
Broadridge gains FX vendor

Financial technology firm Broadridge has purchased TwoFour Systems, a foreign exchange technology provider for broker-dealers and banks, in a deal completed on December 30. Details of the purchase have not been disclosed.

Broadridge says it will integrate the acquired products with its reconciliations and matching technologies to support a range of cash and liquidity processes.

TwoFour Systems, which is the technology subsidiary of TwoFour Holdings, will be branded Broadridge FX and Liquidity

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