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Broadridge Financial Solutions Inc. (NYSE: BR) is a leading global provider of investor communications and technology-driven solutions for wealth management, asset management, and capital markets firms. Since its spin-off from ADP in 2007, Broadridge has been at the forefront of financial technology innovation, helping clients manage risk, achieve operational excellence, and drive growth.
Broadridge operates through two main segments: Investor Communication Solutions (ICS) and Global Technology and Operations (GTO). The ICS segment offers comprehensive solutions for proxy voting, regulatory communications, and shareholder engagement, while the GTO segment delivers advanced technology services and outsourcing solutions for trading, portfolio management, and back-office operations.
With over $6 billion in annual revenues and a presence in 21 countries, Broadridge's infrastructure supports the daily trading of more than $10 trillion of equities, fixed income, and other securities globally. The company serves a diverse clientele, including banks, broker-dealers, asset managers, wealth managers, and corporate issuers, providing the critical infrastructure needed to power investing, corporate governance, and communications.
Recent achievements highlight Broadridge's commitment to innovation and growth. The company has reported steady financial performance, including 6% organic recurring revenue growth for the second quarter of fiscal year 2024 and a reaffirmation of its annual guidance. Broadridge continues to enhance its product offerings, such as launching the Broadridge Investor Insights analytics platform to provide issuers with comprehensive investor and voting pattern data.
Broadridge also actively addresses key industry trends like the digitization of communications, mutualization of capabilities, and the evolving landscape of data and analytics. The company's strategic partnerships with financial institutions and corporate issuers worldwide further solidify its position as an industry leader.
Broadridge is a certified Great Place to Work®, employing over 14,000 associates dedicated to delivering unparalleled value to clients and fostering a culture of innovation. For more information about Broadridge and its solutions, visit their website.
Broadridge Financial Solutions, Inc. (NYSE: BR) will release its financial results for the first quarter ended September 30, 2020, on October 30, 2020. A conference call will be held at 8:30 a.m. ET to discuss these results, featuring CEO Tim Gokey and Interim CFO Matt Connor. Broadridge, a global leader in fintech with a valuation of $4 billion, supports over 50% of public companies in proxy voting and processes more than $8 trillion in securities trades daily. Investors can access the webcast through the company's Investor Relations site.
Broadridge Financial Solutions (NYSE: BR) announced that Britannia Global Markets has chosen its services to enhance post-trade processing for its international securities operations, including cash equities and fixed income. This SaaS-based solution aims to improve operational efficiency and strengthen client service while addressing regulatory challenges. Ian Johnson, CEO of Britannia, expressed confidence in Broadridge's capabilities in supporting their growth. Broadridge processes over $8 trillion in trades daily and serves as a pivotal technology provider in the financial sector.
Broadridge Financial Solutions (NYSE: BR) announced the appointment of Vijay Mayadas as President of Capital Markets. This newly created role aims to enhance Broadridge's trading and post-trade capital markets SaaS solutions within the Global Technology and Operations (GTO) sector. Mayadas, who joined Broadridge in 2013, previously led the Fixed Income and Analytics business unit and holds advanced degrees in Physics and an MBA. Broadridge, a $4 billion Fintech leader, processes over $8 trillion in securities trades daily and supports proxy voting for more than 50% of public companies globally.
Broadridge Financial Solutions (NYSE: BR) has partnered with 7 Chord to integrate BondDroid, an AI-driven predictive pricing solution, into its LTX corporate bond trading platform. This collaboration aims to enhance pre-trade price transparency and liquidity for dealers and institutional investors. The BondDroid AI provides independent assessments of market values while seamlessly integrating into LTX’s pre-trade analytics. Broadridge's LTX platform utilizes AI to optimize liquidity and efficiency in corporate bond trading, and is gaining traction among leading financial institutions.
Broadridge Financial Solutions (NYSE: BR) has partnered with PPI AG to launch a Payments-as-a-Service initiative aimed at addressing challenges in payment processing for banks and financial institutions in Europe. The initiative responds to market demands such as PSD2 and SEPA migrations and aims to reduce banks' operational burdens while improving service quality. The solution has already secured its first customer, a commercial bank in Europe, and offers various services including core payments processing and transaction monitoring.
Broadridge Financial Solutions (NYSE: BR) will feature Edings Thibault, SVP of Finance and Investor Relations, at the virtual Morningstar Management Behind the Moat Conference on September 29, 2020, at 3:00 PM EST. Investors can access the live webcast through the Company's Investor Relations page at www.broadridge-ir.com. Broadridge, a $4 billion global Fintech leader, provides investor communications and technology solutions to financial institutions, processing over $8 trillion in trades daily.
Broadridge Financial Solutions (NYSE: BR) announced a partnership with Smith & Williamson Group to provide its Shareholder Rights Directive (SRD II) solution for proxy voting. This upgrade supports Smith & Williamson's regulatory compliance for both discretionary and non-discretionary execution clients, ensuring timely vote confirmation and efficient communication. Broadridge's technology will help mitigate compliance risks and enhance governance standards. As a major fintech provider, Broadridge processes over $8 trillion in transactions daily, serving over 50% of public companies globally.
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