The modular suite of solutions combines portfolio management, order management, risk management, reference data management, data warehouse reporting, reconciliation functionality, investment accounting, and private equity fund lifecycle management.
Broadridge has hired Mike Sleightholme as President of its Asset Management Solutions business, to be responsible for driving the firm’s global asset management business growth, the strategic execution of client and market-focused solutions, and service delivery.
Brian Crowley, who was in charge of Broadridge Asset Management Solutions as Interim President, will now move to his new position: Chief Operating Officer of the Asset Management business, reporting to Mike Sleightholme, and in charge of the day-to-day administrative and operational functions of the business.
Mike Sleightholme joins Broadridge from SS&C Technologies, where he served as CEO and General Manager of its DST Systems business for five years.
Most of his career was spent in senior leadership positions at Citigroup for 24 years, having held responsibility for their Hedge Fund Services and the sale and integration of that business to SS&C.
Tom Carey, Broadridge’s President of Global Technology and Operations at Broadridge, said: “Mike brings to Broadridge extensive experience in driving business transformation and growth through innovation and a client-centric approach. He’s a strong addition to our leadership team and his work will help us further develop the solutions that have enabled our clients to maximize transparency and automation in the investment management and private lending process.”
Mike Sleightholme, President of Broadridge Asset Management Solutions at Broadridge, commented: “Broadridge’s investments in emerging technologies like blockchain and AI, and its focus on digitizing operations for investment management clients were key reasons I was drawn to the role. I look forward to working with clients to help them achieve their goals, and to facilitating the next phase of Broadridge’s business growth.”
Broadridge Asset Management Solutions delivers technology and services to support hedge funds, asset managers, family offices, private debt/CLO managers, private equity funds, prime brokers, and fund administrators.
The modular suite of solutions combines portfolio management, order management, risk management, reference data management, data warehouse reporting, reconciliation functionality, investment accounting, and private equity fund lifecycle management.
Broadridge has recently appointed Stephan Müller as Managing Director for Germany, where he will be responsible for leading and growing Broadridge’s overall business in the country, across all solution lines in its Global Technology and Operations portfolio and its Investor Communication Solutions, as well as managing Broadridge’s Payments-as-a-Service (PaaS) business and financial messaging services.
In March, Broadridge completed a successful integration of its artificial intelligence (AI)-driven digital trading platform, LTX, with the Charles River Investment Management Solution (Charles River IMS), enabling the firm’s OEMS users to better access aggregated liquidity and leverage transparency and price discovery within their existing workflows through their existing relationships with their dealers.
