Broadridge Acquires PivotData and Sol Hedge Regulatory Reporting Functions

Global fintech provider Broadridge Financial Solutions has acquired certain private fund regulatory reporting capabilities from New York-based PivotData, a data warehouse and compliance reporting solutions platform for the investment community, and its partner Sol Hedge. Broadridge will leverage their capabilities to help private fund asset managers meet their regulatory reporting requirements.

“PivotData and Sol Hedge’s proprietary data transformation, normalization and load (ETL) processes and in-house compliance experience will provide clients with a reliable, cost-effective and timely regulatory reporting solution,” said the firm.