Atlas Chooses Broadridge for Enhanced Impact Investing Solutions

Thursday, 23/03/2023 | 12:29 GMT by Damian Chmiel
  • Broadridge enables Atlas to manage risk in the ESG ecosystem better.
  • The company will support Atlas in managing multiple asset classes.
Broadridge

Broadridge Financial Solutions (NYSE:BR), a technology solutions provider for broker-dealers and financial markets participants, has announced a partnership with a hedge fund manager that concentrates entirely on impact investing, Atlas Responsible Investors.

Atlas Partners with Broadridge

According to the press release published on Thursday, Broadridge will provide tech enhancements, which will improve existing operational efficiencies in mid-level offices, allowing for better risk and multiple asset classes management.

Mike Sleightholme, the President of Asset Management Solutions at Broadridge, believes that the technological solutions offered by Broadridge will provide Atlas with a solution to meet their individual needs and support them in their ESG and impact investing missions.

"As the needs of our clients have evolved, our portfolio management suite has grown in lock-step to support an increasingly complex industry," Sleightholme added.

Atlas is strongly dedicated to ESG investing and was looking for a platform capable of supporting multiple asset classes while allowing customization across all strategies. Quentin Dumortier, the Founder and CIO of Atlas Responsible Investors, explained that this led to choosing Broadridge's portfolio management solution.

"We run a number of different strategies, namely long-short equity and long-only, together with tailored managed accounts. To centralize our operations as much as possible, we had to implement a customizable solution," Dumortier commented.

Impact investing, the main focus of Atlas operations, refers to an investment approach that seeks to create both financial returns and specific positive social or environmental outcomes. These investments can span various asset classes and lead to a range of distinct impacts. The primary goal of impact investing is to leverage financial resources and investment capital to achieve beneficial social effects. ESG is one of the main approaches to impact investing.

Broadridge Taps Seven New Partners in 2023

After establishing the cooperation with Atlas Responsible Investors, Broadridge has expanded the number of business partners acquired this year to seven. Yesterday, Finance Magnates reported that the company joined forces with Apex Silver, a subsidiary of Apex Fintech Solutions, to provide a comprehensive solution for cost basis processing and tax information reporting for the financial services industry.

A week earlier, Broadridge announced a strategic parentship with CQG. Both companies will integrate their Order Management System (OMS) and Execution Management System (EMS). CQG has established a FIX connection into Broadridge to facilitate direct order flow from CQG to Broadridge's infrastructure, which can be directed to its network of liquidity providers and exchanges.

Point Focal, an analytics solution provider, became another partner in February. Meanwhile, in January, the fintech firm reached agreements with IGM Financial, LiquidX and Glue42.

Broadridge Financial Solutions (NYSE:BR), a technology solutions provider for broker-dealers and financial markets participants, has announced a partnership with a hedge fund manager that concentrates entirely on impact investing, Atlas Responsible Investors.

Atlas Partners with Broadridge

According to the press release published on Thursday, Broadridge will provide tech enhancements, which will improve existing operational efficiencies in mid-level offices, allowing for better risk and multiple asset classes management.

Mike Sleightholme, the President of Asset Management Solutions at Broadridge, believes that the technological solutions offered by Broadridge will provide Atlas with a solution to meet their individual needs and support them in their ESG and impact investing missions.

"As the needs of our clients have evolved, our portfolio management suite has grown in lock-step to support an increasingly complex industry," Sleightholme added.

Atlas is strongly dedicated to ESG investing and was looking for a platform capable of supporting multiple asset classes while allowing customization across all strategies. Quentin Dumortier, the Founder and CIO of Atlas Responsible Investors, explained that this led to choosing Broadridge's portfolio management solution.

"We run a number of different strategies, namely long-short equity and long-only, together with tailored managed accounts. To centralize our operations as much as possible, we had to implement a customizable solution," Dumortier commented.

Impact investing, the main focus of Atlas operations, refers to an investment approach that seeks to create both financial returns and specific positive social or environmental outcomes. These investments can span various asset classes and lead to a range of distinct impacts. The primary goal of impact investing is to leverage financial resources and investment capital to achieve beneficial social effects. ESG is one of the main approaches to impact investing.

Broadridge Taps Seven New Partners in 2023

After establishing the cooperation with Atlas Responsible Investors, Broadridge has expanded the number of business partners acquired this year to seven. Yesterday, Finance Magnates reported that the company joined forces with Apex Silver, a subsidiary of Apex Fintech Solutions, to provide a comprehensive solution for cost basis processing and tax information reporting for the financial services industry.

A week earlier, Broadridge announced a strategic parentship with CQG. Both companies will integrate their Order Management System (OMS) and Execution Management System (EMS). CQG has established a FIX connection into Broadridge to facilitate direct order flow from CQG to Broadridge's infrastructure, which can be directed to its network of liquidity providers and exchanges.

Point Focal, an analytics solution provider, became another partner in February. Meanwhile, in January, the fintech firm reached agreements with IGM Financial, LiquidX and Glue42.

About the Author: Damian Chmiel
Damian Chmiel
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About the Author: Damian Chmiel
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
  • 2071 Articles
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