Broadridge Buys Bonaire in Continued Buy-Side Push

Bonaire has largely targeted asset managers, hedge funds and mutual funds, most notably with its Revport revenue management platform, which provides fee-billing calculations based on asset performance. Additionally, Bonaire has Payport, which is an accounts receivable and collections solution for asset managers, as well as Empower BI, a business intelligence and management information platform.

Michael Liberatore, chief operating officer of the mutual funds solutions group at Broadridge, says