Information Mosaic in global partnership with outsourcing giant

20 Mar 2009

Dublin financial software company Information Mosaic has entered into a strategic partnership with Broadridge Financial Solutions, one of the world’s largest providers of IT outsourcing to the financial industry.

“This is a very significant strategic partnership for Information Mosaic and is central to our overall strategy of building global corporate actions and custody solutions to the global securities industry,” explained John Byrne, chief executive of Information Mosaic.

“With a growing base of internationally renowned clients, our business has moved to a significant new stage in its development. Creating an alliance with a company of such size and scale as Broadridge is the most important calling card we could hope to have as we roll out our strategy,” Byrne added.

Information Mosaic is a provider of advanced custody, asset management and wealth management solutions that manage risk in the investor services industry.

The company has gained global recognition as a market leader in the emerging corporate actions marketplace for its Cama product, an innovative global corporate actions automation solution that streamlines operations flows and intelligently aids decision making when intervention is necessary.

Cama supports some of the world’s leading financial institutions, whose businesses range from wealth and institutional asset management to retail banking and custody.

“Our strategic relationship with Information Mosaic will enable Broadridge to deliver an advanced, real-time global corporate actions managed service to broker-dealers, asset managers, and custodians worldwide by combining the robust outsourcing capabilities of Broadridge with Information Mosaic’s industry-leading Cama solution,” said John Hogan, president and chief operating officer, Broadridge.

By John Kennedy