Broadridge Announces Strategic Investment in CENTRL to Enhance Due Diligence and RFP Solutions for Asset Management and Retirement Industry

Broadridge (NYSE: BR) announced a strategic partnership and minority investment in CENTRL on April 20, 2026 to integrate AI-powered due diligence into its asset management and retirement solutions.

Rhea-AI Summary

Broadridge (NYSE: BR) announced a strategic partnership and minority investment in CENTRL on April 20, 2026 to integrate AI-powered due diligence into its asset management and retirement solutions.

The collaboration will embed CENTRL's workflow automation into Broadridge's Fi360 RFP Director, integrate Broadridge data into CENTRL, and expand AI-driven RFP, DDQ and counterparty oversight capabilities for clients.

Positive

• Strategic minority investment announced on April 20, 2026
• Integration of CENTRL into Fi360 RFP Director
• Expanded AI-driven due diligence and RFP automation for clients

Negative

• Financial terms of the minority investment were not disclosed
• No quantified revenue, cost, or timeline impact provided

Argus Apr 20 session

-1.01% close to close Open Argus

Details

News Market Reaction – BR

On Apr 20, the day this news came out, BR closed 1.01% below the previous close.

Data tracked by StockTitan Argus for the Apr 20 session.

Market Context

This announcement highlights Broadridge’s push to embed AI into due diligence and RFP workflows via ...

Analysis

This announcement highlights Broadridge’s push to embed AI into due diligence and RFP workflows via a minority investment in CENTRL. It extends recent initiatives in digital assets and data-driven governance into asset management and retirement channels. Investors may watch how quickly these capabilities integrate with Broadridge’s existing analytics, whether adoption broadens among large institutions, and how the active S-3ASR shelf through 2028 factors into any future growth or funding plans.

Historical Context

5 past events · Latest: Apr 13

5 events

1. Apr 13

   Digital asset platform

   24h Move

   +4.1%

   Launch of next-gen digital asset platform for Canadian wealth managers.

2. Apr 9

   DLR volume milestone

   24h Move

   -3.8%

   DLR processes $8T in March with 392% year-over-year growth.

3. Apr 6

   On-chain governance

   24h Move

   +1.0%

   Extension of governance platform to tokenized equities and on-chain voting.

4. Mar 31

   Fund brand report

   24h Move

   -0.6%

   Publication of 2026 U.S. Fund Brand 50 rankings and product trends.

5. Mar 9

   Crypto routing link

   24h Move

   -4.0%

   NYFIX integration with Crypto.com for institutional crypto order routing.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

rfp

1 terms

rfp financial

"modernize counterparty due diligence and RFP processes through data-driven, innovative"

A request for proposal (RFP) is a formal document a buyer issues asking suppliers to submit detailed bids for providing specific goods, services, or projects. For investors it matters because winning an RFP can lead to new contracts, predictable revenue and proof a company can compete for large deals, while losing or delayed RFPs can signal pipeline risk — think of it like a competitive job posting or auction for a business opportunity.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK and LONDON, April 20, 2026 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced a strategic partnership and minority investment in CENTRL, a leading provider of AI-powered due diligence solutions for financial institutions. The partnership enhances Broadridge's data and analytics solutions for the asset management and retirement advisory industries with leading due diligence technology and expands its AI-enabled capabilities, helping modernize counterparty due diligence and RFP processes through data-driven, innovative technology.

"This partnership represents an important step in expanding our AI-enabled capabilities and delivering greater value for clients across our platform," said Dan Cwenar, President, Data-Driven Fund Solutions at Broadridge. "By combining Broadridge's deep industry relationships and data assets with CENTRL's purpose-built AI technology, we are helping clients modernize due diligence and RFP response workflows, improve operational efficiency and better manage risk, and accumulate more assets."

The financial services industry continues to face increasing regulatory scrutiny, fragmented counterparty oversight processes and a growing volume of manual and duplicative due diligence requests. By integrating Broadridge's trusted data and market infrastructure capabilities with CENTRL's AI-driven due diligence platform, firms can reduce manual touchpoints, eliminate redundant data gathering, improve accuracy and consistency, and strengthen regulatory audit trails.

"Broadridge is a trusted partner to many of the world's leading financial institutions," said Sanjeev Dheer, Founder and Chief Executive Officer of CENTRL. "Together, we are bringing AI-driven intelligent automation to some of the industry's most complex and resource-intensive processes. By embedding AI directly into due diligence, research, and DDQ/RFP response and communication workflows, we can help firms move from manual, fragmented processes to streamlined, data-driven operations."

Through the partnership, Broadridge will integrate CENTRL's AI-powered workflow and automation capabilities across solutions serving asset managers, retirement recordkeepers, and retirement advisors. The collaboration includes modernizing Broadridge's Fi360 RFP Director, embedding Broadridge data into CENTRL's workflows, and expanding access to AI-driven tools that automate due diligence, RFP responses, and counterparty oversight processes.

Broadridge's data and analytics business is focused on transforming complex data into actionable insights across the asset management lifecycle—from distribution and investor behavior to operational performance. The integration of CENTRL's AI-powered due diligence capabilities extends this strategy, connecting data, workflows and automation to help clients streamline counterparty oversight and RFP processes. Together, Broadridge and CENTRL deliver a more unified, data-driven solution that improves efficiency, enhances decision-making and supports asset managers in scaling their businesses.

Additionally, Broadridge clients will now have access to CENTRL's leading due diligence management and response platforms, including deeper integration with Broadridge's leading distribution data and analytics, enabling asset managers to improve and scale due diligence, fund and counterparty oversight, and RFP response workflows.

About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information, visit www.broadridge.com.

About CENTRL
CENTRL is a Silicon Valley-based technology firm offering an AI-powered Diligence and Response platform for the financial services industry. CENTRL helps Asset Allocators, Asset Managers, Banks, and Service providers automate their diligence, research, and DDQ/RFP response processes with a domain-specific AI platform. CENTRL's clients include 8 of the top 30 global banks and leading Asset Allocators and Asset Managers across the Americas, Europe, the UK, and Australia.

Media contacts:

Linda Namias
Linda.namias@broadridge.com
631-254-7711

Alice Stephens
Astephens@centrl.ai
414-403-1172

 

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SOURCE Broadridge Financial Solutions, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Broadridge (BR) announce on April 20, 2026 regarding CENTRL?

Broadridge announced a strategic partnership and a minority investment in CENTRL to add AI due diligence capabilities. According to Broadridge, the deal will integrate CENTRL's AI workflows into Broadridge products to modernize RFP and counterparty oversight processes.

How will the partnership affect Broadridge's Fi360 RFP Director and asset manager clients?

The partnership will embed CENTRL's AI automation directly into Fi360 RFP Director to streamline responses and oversight. According to Broadridge, this integration aims to reduce manual touchpoints and improve consistency in RFP and DDQ workflows for asset managers.

Will Broadridge (BR) clients get access to CENTRL's platforms after the deal?

Yes, Broadridge clients will gain access to CENTRL's due diligence management and response platforms. According to Broadridge, the collaboration includes deeper integration with Broadridge distribution data and analytics for scalable due diligence and RFP processes.

Does the announcement disclose the financial terms of Broadridge's investment in CENTRL?

No, the announcement does not disclose the monetary size or valuation of the minority investment. According to Broadridge, details about financial terms were not provided in the partnership description released April 20, 2026.

What operational benefits does Broadridge expect from integrating CENTRL's AI capabilities?

Broadridge expects reduced manual data gathering, fewer redundant requests, and stronger audit trails from CENTRL integration. According to Broadridge, the AI-enabled automation is intended to improve accuracy, operational efficiency, and counterparty oversight.

Will the Broadridge and CENTRL deal change compliance or audit processes for retirement advisors?

The deal aims to strengthen regulatory audit trails and consistency in due diligence for retirement advisors. According to Broadridge, embedding CENTRL's platform should improve oversight and documentation across advisor and recordkeeper workflows.