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Broadridge<br />
Broadridge Wealth<br />
Key Statistics<br />
Founded: 1962<br />
Company Type: Public<br />
Headquarters: Lake Success, NY<br />
FY 2014 Revenue: $2.55 Billion USD<br />
Company Overview<br />
Broadridge Financial Solutions offers systems and<br />
services including investor communication solutions,<br />
securities processing, and operations outsourcing<br />
solutions. The firm’s systems help reduce the need for<br />
clients to make significant capital investments in<br />
operations infrastructure, thereby allowing them to<br />
increase their focus on core business activities.<br />
Broadridge serves a large and diverse client base in<br />
the financial services industry, including retail and<br />
institutional brokerage firms, global banks, mutual<br />
funds, retirement service firms, annuity companies,<br />
institutional investors, specialty trading firms, and<br />
clearing firms. The company also provides services to<br />
corporate issuers.<br />
Product Overview<br />
Broadridge Wealth is a standalone application that can<br />
be deployed at institutions using different core systems.<br />
The solution routes trades to twelve countries in eight<br />
currencies.<br />
Recent Updates<br />
In FY 2014, Broadridge completed the acquisitions of<br />
two businesses in the investor communication solutions<br />
segment. In July 2013, Broadridge acquired Bonaire<br />
Software Solutions, LLC (“Bonaire”), a provider of fee<br />
calculation, billing, and revenue and expense<br />
management solutions for asset managers including<br />
institutional asset managers, wealth managers, mutual<br />
funds, bank trusts, hedge funds, and capital markets<br />
firms. In February 2014, the firm acquired Emerald<br />
Connect, LLC (“Emerald”), a provider of websites and<br />
related communications solutions for financial advisors.<br />
CEB View<br />
Taking a federated approach to the advisor<br />
desktop, Broadridge offers a modularized and<br />
highly configurable offering that it is role based<br />
and can be customized and deployed across<br />
multiple business lines and accessed by multiple<br />
audiences and user types. Tight integrations into<br />
aggregation, market data, and advisor marketing<br />
tools, as well as back-office platforms, supports a<br />
straight-through wealth environment from<br />
onboarding to reconciled reporting.<br />
Customer Success Story<br />
A leading investment services company,<br />
serving individual investors, independent<br />
advisors, and employers, wanted to expand its<br />
international investing capability. Working with<br />
Broadridge, the firm successfully introduced<br />
24x7 global access to foreign markets in both<br />
equities & currencies without investing<br />
extensively in new technology, additional<br />
operations centers, or local-expert staffing.<br />
The solution now includes:<br />
• Local investing in 50+ countries at any time<br />
supported by local market operational support<br />
and customized service-level agreements.<br />
• Integrated international trading, clearance,<br />
and settlement including margin and money<br />
market sweep capabilities in a single account.<br />
• Consolidated multicurrency statements, tax<br />
forms, cost basis, and performance reporting.<br />
• Corporate action payments in local<br />
currencies and integrated multicurrency in<br />
the web-based platform for front, middle, and<br />
back offices.<br />
Clients by Geographic Location<br />
Clients by Service Model<br />
0% 0%<br />
100%<br />
Installed ASP/Hosted SaaS<br />
Source: Broadridge.<br />
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