Fintech Company Broadridge Financial Solutions, Inc. (NYSE: BR) He announced today that he has acquired Ijoin, a retirement technology provider specializing in participants in boarding, commitment and analysis of the retirement industry.
“With increasing demand for personalization, increasing interest in income options during life and convergence of wealth retirement and management, there is a greater need for advanced tools and technology to allow recording holders, planners, assistants, Mike Tae, the president team, the editions, the publications and the data, the directors, the property managers and the insurers, “there are strong synergies between the IJOIN innovations in the aggregation and standardization of participants in the plan, management and income and income technologies.
Broadridge’s retirement plan, investment service, diligence, analysis and participants’ communications solutions will be supplemented by the IJOIN participant for boarding, managed accounts, retirement income and data -based dedication services. The combination will allow Broadridge to serve the providers more holistically throughout the retirement ecosystem with top registration, data and ideas solutions.
“Ijoin was founded with the belief that retirement should be more personal for everyone.” Working with Broadridge takes this mission to the next level. Their scale and reliable relationships create new opportunities to accelerate innovation, broaden our range and offer more value to customers and participants. “
The capabilities of IJOIN allow record holders to rationalize the registration of participants in 401K plans, asset administrators and insurers to provide more effectively managing and income solutions and consultants and their offices for the better detection of participants and executives.
The transaction is not expected to have a substantial impact on Broadridge’s financial results.