Broadridge Collaborates with AWS to Extend its Private Market Hub

Utilizing distributed ledger technology (DLT) to better streamline and connect the private equity ecosystem and assets, Broadridge Financial Solutions, Inc. released the latest evolution of its Private Market Hub platform, using Amazon Managed Blockchain from Amazon Web Services, Inc. (AWS). The updated platform, the industry's first deployment of blockchain technology for the private equity market, now has added connectivity to existing industry tools and technologies to help further automate workflows between front-, middle- and back-office functions providing a consistent, secure, real-time view of the data. Bringing together private equity ecosystem participants, Private Market Hub reduces friction for fund managers, investors and administrators, and allows for easier auditability. Funds can manage, communicate and engage with investors and other stakeholders with greater efficiency. These innovations are enabled by distributed ledger technology, which streamlines traditionally disconnected and inefficient processes and facilitates visibility and trust.