Broadridge Financial Solutions, a global fintech leader with over US$6 billion in global revenues, acquired Kyndryl Canada’s Securities Industry Services (SIS) wealth and capital markets technology platform. SIS offers services such as clearing and settlement, account record-keeping, tax and regulatory reporting, and integrated order management for Canadian financial services firms.
Kyndryl is the world’s largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries.
Bennett Jones LLP acted as legal counsel to Broadridge Financial Solutions Inc, with RBC Capital Markets as the exclusive financial advisor.
The Bennett Jones team included Jeff Kerbel, Will Edwards, Matt Flynn and Yohanna Laurensia (Corporate); Melanie Aitken, Adam Kalbfleisch and Christina Skinner (Competition); Philip Ward and Julia Wang (Tax); Talia Bregman and Aldona Gudas (Employment).
Osler Hoskin & Harcourt LLP advised Kyndryl with a team consisting of James Brown, Min Oh, Valeska Rebello (Corporate), Michelle Lally and Reba Nauth (Competition), Paul Litner (Pensions & Benefits), Kim Maguire, Jennifer Horton and Matthew Zvan (Tax), Kelly O’Ferrall and Jeremy Perron (Labour and Employment), Alison Hayman (IP) and Sam Ip (Technology).