IG Wealth Management extends use of Broadridge’s R.Broker solution
“The Broadridge R.Broker Wealth solution provides IG with enterprise-wide benefits through streamlined operations, timely access to market product advantages, and the ability to consistently offer products and services across any channel.”
IG Wealth Management, part of the IGM Financial Inc. family of companies, has signed a multi-year contract extension to IG’s use of Broadridge’s R.Broker solution, a component of the Broadridge Wealth Platform.
In the world of FX and CFD trading, IG would stand for the renowned FCA-authorized brokerage, subsidiary of IG Group, which has grown quite extensively in the United States with the acquisition of tastytrade.
This news covers IG Wealth Management, a Canada-based firm founded in 1926 that provides financial planning and advisor services and is a subsidiary of IGM Financial.
STP processing across currencies, dealers, regulations and jurisdictions
The Broadridge Wealth Platform is an open, component-based ecosystem designed to help firms drive innovation, perform more effectively at scale and deliver a digital, modernized client and advisor experience.
The R.Broker solution provides digital, front-to-back full-service capabilities for IIROC and MFDA advisors on a single unified platform in order to optimize financial advisor productivity by creating an enriched client experience and digitized enterprise-wide operations.
IG Wealth Management will continue to expand its deployment of Broadridge’s capabilities, including core record keeping, regulatory and innovative capabilities for STP processing across currencies, dealers, regulations and jurisdictions. The firm will continue leveraging Broadridge’s R.Broker solution for investment solutions, product offerings, and customer service.
Broadridge infrastructure to best serve the financial needs of Canadians
Karin Yorfido, General Manager, Global Technology and Operations Canada, at Broadridge, said: “Building on a successful five-year partnership, Broadridge is thrilled to expand our relationship with a company that shares our commitment to digital transformation. The Broadridge R.Broker Wealth solution provides IG with enterprise-wide benefits through streamlined operations, timely access to market product advantages, and the ability to consistently offer products and services across any channel. IG is well positioned to continue to grow its business with the continuous wealth innovation provided through the Broadridge solution.”
Mike Dibden, Chief Operating Officer, IGM Financial Inc., commented: “This extended partnership furthers IG’s ongoing digital transformation as we advance our technology infrastructure to best serve the financial needs of Canadians and engage with industry-leading organizations to provide best-in-class technology solutions for our clients.”