Broadridge Re-defines Global Asset Servicing, Introduces Financial Industry's First Modular Platform to Unify Multiple Functions
Broadridge Financial Solutions Inc. (NYSE: BR) is introducing a groundbreaking integration of multiple asset servicing functions into a single, real-time, multi-currency platform. This innovative solution streamlines traditionally fragmented activities across capital markets, wealth management, asset management, and global custody. The platform combines over 18 components, including tax and performance reporting, cost basis, proxy, class actions, reclaims, and a global custody platform.
Key features of Broadridge Global Asset Servicing include:
- Modular design for seamless onboarding
- Efficient data consolidation and reconciliation
- Simplified tech stack for straight-through processing
- Real-time data supporting advanced AI analytics
- Omnichannel communications system
Broadridge Financial Solutions Inc. (NYSE: BR) sta introducendo un'integrazione rivoluzionaria di molteplici funzioni di servicing degli asset in una piattaforma unica, in tempo reale e multi-valuta. Questa soluzione innovativa semplifica attività tradizionalmente frammentate nei mercati dei capitali, nella gestione patrimoniale, nella gestione degli asset e nella custodia globale. La piattaforma combina oltre 18 componenti, tra cui reporting fiscale e delle performance, base dei costi, proxy, azioni di classe, recuperi e una piattaforma di custodia globale.
Le caratteristiche principali del Servizio Globale di Asset di Broadridge includono:
- Design modulare per un onboarding senza soluzione di continuità
- Consolidamento e riconciliazione dei dati efficienti
- Stack tecnologico semplificato per un'elaborazione diretta
- Dati in tempo reale a supporto di analisi avanzate basate su AI
- Sistema di comunicazione omnicanale
Broadridge Financial Solutions Inc. (NYSE: BR) está introduciendo una integración revolucionaria de múltiples funciones de administración de activos en una plataforma única, en tiempo real y multimoneda. Esta solución innovadora simplifica actividades tradicionalmente fragmentadas en los mercados de capitales, gestión de patrimonios, gestión de activos y custodia global. La plataforma combina más de 18 componentes, incluyendo informes fiscales y de rendimiento, base de costos, voto por poder, acciones colectivas, recuperaciones y una plataforma de custodia global.
Las características clave del Servicio Global de Activos de Broadridge incluyen:
- Diseño modular para una incorporación fluida
- Consolidación y reconciliación de datos eficientes
- Pila tecnológica simplificada para procesamiento directo
- Datos en tiempo real que apoyan análisis avanzados de IA
- Sistema de comunicación omnicanal
브로드리지 파이낸셜 솔루션즈 주식회사 (NYSE: BR)가 여러 자산 서비스 기능을 하나의 실시간 다중 통화 플랫폼으로 혁신적으로 통합하고 있습니다. 이 혁신적인 솔루션은 전통적으로 단편화된 자본 시장, 자산 관리, 자산 관리 및 글로벌 수탁 활동을 간소화합니다. 이 플랫폼은 18개 이상의 구성 요소를 결합합니다, 세금 및 성과 보고, 원가 기준, 위임장, 집단 소송, 반환 및 글로벌 수탁 플랫폼이 포함됩니다.
브로드리지 글로벌 자산 서비스의 주요 기능은:
- 매끄러운 온보딩을 위한 모듈형 디자인
- 효율적인 데이터 통합 및 조정
- 직통 처리를 위한 간소화된 기술 스택
- 고급 AI 분석을 지원하는 실시간 데이터
- 옴니채널 통신 시스템
Broadridge Financial Solutions Inc. (NYSE: BR) lance une intégration révolutionnaire de plusieurs fonctions de services d'actifs en une seule plateforme multi-devises en temps réel. Cette solution innovante rationalise les activités traditionnellement fragmentées sur les marchés de capitaux, la gestion de patrimoine, la gestion d'actifs et la conservation mondiale. La plateforme combine plus de 18 composants, y compris la déclaration fiscale et de performance, la base de coûts, le vote par procuration, les actions collectives, les récupérations et une plateforme de conservation mondiale.
Les caractéristiques clés du Service Global d'Actifs de Broadridge incluent:
- Conception modulaire pour un onboarding fluide
- Consolidation et réconciliation des données efficaces
- Empilement technologique simplifié pour un traitement direct
- Données en temps réel soutenant des analyses avancées par IA
- Système de communication omnicanal
Broadridge Financial Solutions Inc. (NYSE: BR) stellt eine bahnbrechende Integration mehrerer Asset-Servicing-Funktionen in einer einzigen, Echtzeit- und Multiwährungsplattform vor. Diese innovative Lösung rationalisiert traditionell fragmentierte Aktivitäten in den Bereichen Kapitalmärkte, Vermögensverwaltung, Asset Management und globale Verwahrung. Die Plattform kombiniert über 18 Komponenten, darunter Steuer- und Leistungsberichterstattung, Kostenbasis, Stimmrecht, Sammelklagen, Rückforderungen und eine globale Verwahrplattform.
Hauptmerkmale des Broadridge Global Asset Servicing sind:
- Modulares Design für nahtloses Onboarding
- Effiziente Datenkonsolidierung und -abgleich
- Vereinfachter Technologiestack für durchgehende Verarbeitung
- Echtzeitdaten zur Unterstützung fortschrittlicher KI-Analysen
- Omnichannel-Kommunikationssystem
- Introduction of a unified asset servicing platform integrating multiple functions
- Streamlined solution enhancing automation and straight-through processing
- Real-time, multi-currency platform supporting various financial sectors
- Modular design allowing for flexible deployment of capabilities
- Improved operational efficiency and risk mitigation
- None.
Broadridge's new unified asset servicing platform marks a significant leap in financial technology innovation. By integrating 18+ components into a single, real-time, multi-currency solution, it addresses critical industry pain points such as high costs, processing delays and data reconciliation issues. The platform's modular design and AI-driven capabilities position it as a game-changer for operational efficiency.
The transition to T+1 and eventual T+0 settlement cycles makes this solution particularly timely. Its ability to provide real-time, standardized data across various functions like tax reporting, proxy services and global custody could significantly reduce operational risks and improve service levels. This comprehensive approach could potentially disrupt the current market for asset servicing solutions, giving Broadridge a competitive edge.
Broadridge's innovative platform addresses a $10+ billion market opportunity in global asset servicing. By unifying multiple functions, it targets the growing demand for integrated, AI-driven solutions in the financial sector. The platform's ability to support advanced analytics and real-time decision-making aligns with the industry's shift towards data-driven operations.
This move could potentially increase Broadridge's market share and strengthen its position as a leading fintech provider. The modular approach allows for flexible adoption, which could accelerate market penetration. However, the success will depend on the platform's performance in real-world scenarios and Broadridge's ability to effectively market its benefits to a diverse range of financial institutions.
Broadridge's unified platform represents a significant advancement in risk mitigation for financial institutions. By consolidating multiple asset servicing functions, it reduces the potential for errors that can occur when data is transferred between disparate systems. The real-time nature of the platform enables faster risk assessment and response, important in today's volatile markets.
The platform's AI capabilities for predictive analytics could provide early warning signals for potential issues, allowing for proactive risk management. However, the consolidation of multiple functions into a single platform also introduces a new systemic risk. Any potential outage or security breach could have wide-ranging impacts across various asset servicing functions. Broadridge will need to demonstrate robust security measures and redundancy systems to address these concerns.
Transforming risk management and improving operational efficiency, Broadridge is integrating several complex asset servicing functions into a single, streamlined solution
"Broadridge's new unified platform represents a major shift in asset servicing," said Michael Alexander, President of Wealth Management at Broadridge. "Changes like the transition to T+1 and eventual T+0 settlement cycles and the rise of AI strategies are driving the demand for real-time, standardized data and streamlined, end-to-end operations. Companies have long struggled with challenges such as high costs, delays in processing, risk evaluation, data reconciliation and sub-par service levels. With our trusted expertise and transformative technology, we are uniquely positioned to create a single, best-in-class solution that addresses these issues head-on and can help our clients operate more efficiently in an increasingly digital and data-driven environment."
Broadridge Global Asset Servicing combines over 18 components to deliver unprecedented functionality and a "single gateway" data integration approach. It streamlines the management and maintenance of financial assets, facilitating their safekeeping, accurate transaction processing, and compliance with regulations. Solution features include:
- Modular design to seamlessly support onboarding and the overall experience.
- Ability for institutions to consolidate and reconcile data more efficiently across the entire business, eliminating friction and minimizing financial and reputational risk.
- Simplified tech stack to help users realize straight-through processing across the asset servicing ecosphere.
- Consolidated, real-time data supports advanced, generative artificial intelligence to provide predictive and operational analytics, driving efficiency and real-time decision making.
The platform is powered by real-time advisor and customer event notifications with a full omnichannel communications system that minimizes decision-making time and reduces risk. Its seamless interoperability transforms asset servicing operations, eliminates workarounds, and reduces risk. The modular design allows organizations to select the components needed today and effortlessly deploy additional capabilities as requirements evolve.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms underpin the daily trading of more than
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Prosek Partners
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SOURCE Broadridge Financial Solutions, Inc.
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