Bonaire's solutions would complement Broadridge's offerings for asset managers, wealth managers and mutual funds, strengthening its platform for the future. At present, there is a rising demand from companies for innovative solutions to meet stringent regulations as they will be penalized otherwise. This acquisition will enhance Broadridge's market credibility, as the automated compliance process offered by it will eliminate the risks involved in the manual process. Companies have outsourced many of their businesses to Broadridge. Recently, it entered into a 10-year Master Services Agreement with Apex, under which the latter will outsource its securities processing and back office support services to Broadridge. Moreover, companies such as Pension Worldwide Inc. ( PNSNQ ) have also outsourced much of their compliance and transaction activities to Broadridge. Given these factors, Broadridge's growth prospects seem promising.