Onramp Invest Raises $6M: Tech Roundup

The purchase follows Broadridge's recent acquisition of Itiviti. The acquisition, which includes the remaining 68% of Alpha Omega, "will enable Broadridge to fully consolidate Alpha Omega's post-trade matching and consolidation solution into its existing NYFIX connectivity and FIX infrastructure to better automate buy-side and sell-side firms' trade matching processes and further accelerates Broadridge's product roadmap," Broadridge said.

Broadridge didn't say how much it paid for Alpha Omega and did not immediately respond to a request for comment.

"Alpha Omega brings invaluable expertise in advanced FIX-based technology for asset managers and broker-dealers in all areas covering automated allocation, confirmation and affirmation of trades for equities, fixed income securities, and derivatives," Broadridge added.

Theder Tapped for Board Seat

Susan Theder, Advisor Group chief marketing officer, has joined the board of directors of regtech firm ComplySci.

Also joining the board was Stephen Marsh, chairman and founder of electronic communications archiving provider Smarsh, ComplySci said Thursday. The appointments follow the $120 million strategic investment in the company in June by K1 Investment Management.

Theder and Marsh "bring deep industry knowledge and expertise to the board and will help [ComplySci] execute its long-term growth strategy as it continues to build its employee compliance solutions for financial services enterprises and considers expansion through acquisitions," the firm said.

Theder has served as Advisor Group CMO since 2016, following tenures at Cetera Financial Group, Pershing and Fidelity Investments. In addition to leading various strategic marketing initiatives at Advisor Group, she "spearheaded the development and launch of MyCMO, a turnkey digital marketing platform offered to the network's 10,000-plus financial advisors," ComplySci said.

BluePrint Wealth Platform Launches

STP Investment Services launched the BluePrint platform that it said Thursday was "designed to minimize wealth managers' operational pain points."

The end-to-end investment operations service provider services more than $330 billion in total assets, it says. The firm's technology-enabled services platform addresses core financial services firms' needs including investment operations outsourcing, data reconciliation, trading and settlements, fund services, performance reporting and measurement, compliance oversight and internal control management.

STP provides an outsourced service model for RIAs, family offices, hybrids, outsourced chief investment officers, and investment managers supported by technology and integrations, as well as machine learning that it said gives firms the ability to "accelerate and streamline consuming and tedious manual processes."

BluePrint aggregates daily transactions, positions, and securities and account information. The platform uses a data agnostic architecture to support integrations with all types of vendors, STP said. The system also incorporates client fee billing and invoice capabilities with custom reporting built in.

BluePrint has already integrated with Redtail Technology's web-based client relationship management tool and the Riskalyze risk alignment platform, STP said.

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