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Broadridge buys TwoFour Systems as the basis for new FX and liquidity solutions, its eleventh acquisition since it went public in 2007.
Broadridge Financial Solutions has acquired foreign exchange technology vendor TwoFour Systems and plans to integrate TwoFour’s FX solution with Broadridge’s reconciliations and matching technologies to form Broadridge FX and Liquidity Solutions (FXL). Analysts say the deal will inject new blood and technology into Broadridge, while company executives say the deal marks the first step on...
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