Aviso's Digital Leap: A Bet on Open Platforms to Reshape Canadian Wealth

TORONTO, ON – June 16, 2026 – In a move that reverberates through the Canadian financial sector, wealth services leader Aviso has announced a significant expansion of its partnership with global Fintech giant Broadridge Financial Solutions. Aviso will deploy Broadridge's comprehensive Wealth Platform to modernize its Correspondent Partners business, a decision that goes far beyond a simple technology upgrade. It represents a fundamental strategic pivot towards an open, integrated, and future-ready ecosystem, signaling a new phase in the industry's race for technological supremacy.

With over $220 billion in assets under administration and a network that supports nearly 900,000 investors through 4,600 advisors, Aviso is a cornerstone of the Canadian wealth landscape, particularly for its deep ties to the nation's credit unions. This collaboration is not just about keeping pace; it's a calculated move to redefine how advisors and clients interact with wealth, setting a new benchmark for agility and innovation.

The Strategic Imperative for Modernization

For years, the wealth management industry has been grappling with a trifecta of pressures: evolving client expectations for seamless digital experiences, mounting regulatory complexity, and the high operational cost of maintaining legacy systems. Aviso's decision to deepen its nearly two-decade relationship with Broadridge is a direct response to this challenging environment. While the firm has utilized Broadridge's Dataphile solution for back-office processing since 2006, this latest initiative marks a monumental shift from a functional, siloed approach to a holistic, front-to-back office transformation.

The core of this transformation lies in Broadridge's open API architecture. This technology allows Aviso to break free from the constraints of a closed system, enabling it to seamlessly integrate its own proprietary tools and select third-party applications alongside Broadridge's core engine. It’s a strategic embrace of a 'best-of-breed' philosophy, ensuring the platform can evolve and adapt without requiring a complete overhaul every few years.

"Our strategy is focused on delivering smarter, more agile digital experiences for our clients and advisors, while creating a strong foundation for future innovation," stated Bill Packham, President and Chief Executive Officer of Aviso. "Broadridge's platform approach complements our vision by enabling us to integrate the best available capabilities across our own technology, Broadridge's solutions, and other valued partners."

This move addresses the critical need for flexibility. The previous landscape, while reliable, presented challenges for rapid innovation. By adopting an open platform, Aviso is future-proofing its operations, gaining the ability to quickly onboard new tools, respond to market shifts, and capitalize on growth opportunities with an agility that legacy systems simply cannot match.

A Platform Play Solidifies Broadridge's Canadian Foothold

From Broadridge's perspective, this expanded, multi-year engagement with a client of Aviso's scale and influence is a resounding validation of its platform-centric strategy. The global Fintech leader, which underpins the trading of over $15 trillion in securities daily, has been making aggressive moves to solidify its leadership in the Canadian market. This deal, coupled with its recent acquisition of Kyndryl's Securities Industry Services platform, underscores a clear intent to become the technology backbone for Canada's financial institutions.

"This expanded engagement with Aviso reflects our shared commitment to transforming and modernizing the wealth management ecosystem for advisors and their clients," said Karin Kirkwood, President of Broadridge Canada. "We're proud to deepen our collaboration with Aviso and play a key role in enabling their transformation."

The partnership demonstrates a market shift where financial institutions are increasingly looking for strategic enablers rather than mere software vendors. Broadridge is positioning itself as a transformative partner that provides not only industry-leading technology but also the expertise to guide large-scale modernization efforts. By offering an integrated platform that streamlines operations from the front office to the back, it provides a compelling alternative to the costly and complex process of patching together disparate systems from multiple vendors.

A New Era for Advisors and Clients

The most tangible impact of this collaboration will be felt by the thousands of advisors and their clients within Aviso's network. The centerpiece of the deployment is Broadridge's enhanced Advisor Workstation, designed to be an integrated command center that fundamentally changes the advisor's daily workflow. This isn't just about a sleeker interface; it's about embedding efficiency and intelligence into every interaction.

For advisors, this means a unified, 360-degree view of their clients' financial lives, real-time access to data and insights, and the automation of time-consuming administrative tasks. The result is a significant boost in productivity, freeing up advisors to focus on what matters most: building relationships and delivering high-value, personalized advice. The platform's ability to accelerate the onboarding of new tools also means advisors will have faster access to the latest innovations in financial planning, analytics, and client communication.

This enhanced advisor capability translates directly into a superior client experience. For the nearly 900,000 investors served through Aviso's partners, the change will manifest in more responsive service, more sophisticated and personalized investment strategies, and a more seamless digital journey from onboarding to ongoing portfolio management. For the over 450 partner organizations, including the vast majority of Canada's credit unions, this provides access to enterprise-grade technology that allows them to compete effectively against the largest financial institutions.

Navigating the Future of Wealth

Aviso's strategic investment is a bellwether for the entire Canadian wealth management industry. It highlights the undeniable trend that technology is no longer a support function but the central engine of growth and competitive advantage. The move towards open, scalable, and integrated platforms is accelerating as firms recognize that monolithic, proprietary systems are an anchor in a fast-moving sea of change.

This partnership also anticipates future industry shifts, including the growing relevance of digital assets and values-based investing. Broadridge has been proactive in developing capabilities to unify traditional and tokenized assets on a single platform, positioning clients like Aviso to navigate the next wave of financial innovation. As the industry continues to evolve, the ability to adapt, integrate, and deliver a superior digital experience will be what separates the leaders from the laggards. This collaboration ensures Aviso is firmly positioned to lead that charge.