Broadridge Financial Solutions has announced a strategic alliance with Oracle Financial Services Software to offer a comprehensive best practices compliance solution for financial institutions using Oracle Mantas. The alliance with Oracle Financial Services Software aims to assist clients with reducing the costs and complexities associated with compliance, while at the same time helping these firms improve productivity.

The solution helps financial institutions tackle common compliance challenges, including heightened regulatory scrutiny; new regulations; compliance and risk management; trading abuses; and mutual fund sales compliance to identify problematic activities related to customer interactions. Additionally, the web-based compliance solution also will integrate patented technology for data aggregation and data quality offered by Investigo, which Broadridge acquired in July 2008.