Kyndryl Completes Sale of its Securities Industry Services Platform in Canada
Rhea-AI Summary
Kyndryl (NYSE: KD) has completed the sale of its Securities Industry Services (SIS) platform in Canada to Broadridge Financial Solutions. SIS is a transaction processing platform serving the securities brokerage industry. This transaction follows a previously announced agreement between the companies.
Positive
- Successfully completed divestiture of non-core business asset
Negative
- None.
News Market Reaction – KD
On the day this news was published, KD gained 0.35%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
About Kyndryl
Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider, serving thousands of enterprise customers in more than 60 countries. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. For more information, visit www.kyndryl.com.
Media Contact
press@kyndryl.com
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SOURCE Kyndryl
FAQ
What did Kyndryl (KD) sell to Broadridge Financial Solutions?
When did Kyndryl (KD) complete the sale of its SIS platform?
Which company acquired Kyndryl's (KD) Securities Industry Services platform in Canada?
