BetaNXT acquires Mediant
NEW YORK, UNITED STATES — Wealth management software provider BetaNXT announced it had acquired Mediant Communications.
The deal expands BetaNXT into investor communications through Mediant’s industry experience as a provider of investor communications technology and technology-enabled solutions to banks, brokers, corporations, and funds.
“Adding Mediant to the BetaNXT platform enhances our ability to be a trusted partner for companies looking to integrate communications into their wealth management platforms. We are now able to offer an additional functionality that will benefit our clients and allow their operations to be more connected,” said BetaNXT Chairman and Chief Executive Officer Stephen Daffron.
Backed by Clearlake Capital and Motive Partners, BetaNXT assists over 50 million retail accounts and has over US$6 trillion of assets on the platform.
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