New York, NY | July 13, 2021 - Jordan & Jordan (“J&J”), a leading veteran-owned FinTech company, announces the successful closing of two transactions to Broadridge and TRG, enabling the company to focus on its core businesses and to reinvest in developing opportunities in software and solutions.
"Jordan & Jordan has the unique ability to develop software that meets the needs of the financial industry given our 30 years of experience with leading investment banks, hedge funds, asset managers and exchanges as our clients. Broadridge and TRG recognized that and will continue to drive these businesses forward, as J&J continues to develop software and offer solutions to meet the needs of our client base," said Kathleen Stowe, strategic and financial adviser to Jordan & Jordan.
The company will continue to serve its diverse customer base and tackle new industry trends through its market data, technology, and association practices. The Market Data practice is focused on market data licensing support, consulting, audit management, and market data evaluation and optimization. J&J’s Technology practice focuses on market data analysis, distribution and innovation. Providing solutions to shared industry issues has always been a priority at J&J and will continue to be a focus of the association practices. The Financial Information Forum (“FIF”) with 5,000 users spearheads efforts to address and resolve open implementation issues that impact the securities industry across the order lifecycle. This includes dialogue with the regulators and industry participants on topics as diverse as Rule 605/606, CAT, TRACE, REG SHO, and Market Access. RIXML.org, the consortium of buy-side firms, sell-side firms and the vendors who create solutions for them, continues to grow and enhance the RIXML Standards Suite. In addition to creating and evolving the open-source standards surrounding investment research distribution and interaction recordkeeping, the organization is also investigating opportunities in emerging areas such as linkbacks, entitlements, and ESG.
Tom Jordan, CEO & Founder, said, “We are very proud of the businesses we developed and think they have tremendous opportunities to grow with their new owners, Broadridge and TRG, and look forward to our continued partnership. Jordan & Jordan is well positioned to meet the growing needs of our clients with premier, market data subject matter experts, technology innovation and management of our industry solutions businesses. We look forward to continuing to serve our clients, develop new solutions and address new market trends.”
For more information, please contact:
Kathy McGovern, Director, Jordan & Jordan, This email address is being protected from spambots. You need JavaScript enabled to view it.
About Jordan & Jordan
Jordan & Jordan is a veteran-owned FinTech company with domain expertise in the information, processes and technologies applied to the securities industry. Keeping pace with market practice and regulatory change, J&J provides business, technology, and industry solutions to meet the challenges of accelerating regulation, evolving technology, and increasing cost pressures. J&J leverages knowledge of the financial markets across core practices: Market Data Services, Technology Consulting, FIF and RIXML. To learn more, visit our web site at www.jandj.com.