Broadridge Financial Solutions has acquired Signal, a UK-based provider of digital-first communications for financial services and social sector firms, as the fintech giant looks to expand its global digital communications footprint.
Broadridge Acquires Signal to Boost Digital Capabilities in the UK and Europe
The acquisition is expected to enhance Broadridge’s ability to serve clients in the UK and Europe, complementing its existing communications solutions in North America.
“This is an important step toward globalising Broadridge’s digital communications solutions to better serve our clients with operations outside North America,” said Mike Sleightholme, President of Broadridge International.
“The combination of Signal’s digital-first communications and strong relationships with UK financial services firms along with our proven scale and regulatory domain expertise transforms our ability to serve our global clients and extend our footprint in Europe.”
Signal provides technology, design and consulting services to help firms modernise customer communications.
Its services include omni-channel solutions, managed services and outsourced print production, enabling clients to transition away from legacy print and strengthen customer engagement.
Barney Hosey, Chief Executive of Signal, said: “Growing expectations from both customers and regulators are driving the need to modernise and digitise the customer and investor experience.”
He added that “Broadridge is a trusted and transformative partner to clients,” and the company is “delighted to be joining Broadridge and enabling the expansion of its global capabilities to serve customers and investors around the world.”
Broadridge processes billions of communications annually and serves nearly every major financial institution in North America. The deal is not expected to materially impact the company’s financial results.
