Broadridge Leverages Point Focal on Alternative Data Driven Insights

Broadridge Financial Solutions (NYSE: BR) announced a strategic partnership with Point Focal on February 6, 2023.

Rhea-AI Summary

Broadridge Financial Solutions (NYSE: BR) announced a strategic partnership with Point Focal on February 6, 2023. This collaboration aims to enhance portfolio analytics and provide alternative data-driven insights through Broadridge's NYFIX order-routing platform. Point Focal's analytics will deliver automated reports combining data and visual analytics, helping clients improve portfolio performance while reducing execution risk. Key features include pre-market news reports, earnings recaps, and post-market summaries. Broadridge's robust infrastructure supports $9 trillion in daily trading, catering to a wide range of financial professionals.

Positive

• Strategic partnership with Point Focal enhances analytics capabilities.
• Access to automated reports for improved portfolio performance.
• Strengthened position in fintech with innovative technology.

Negative

• None.

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NEW YORK, Feb. 6, 2023 /PRNewswire/ -- To provide clients with better access to innovative portfolio analytics and alternative data driven quantitative insights, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced a strategic partnership with analytics solution provider, Point Focal. This collaboration will bring Point Focal's insights to NYFIX, Broadridge's order-routing network platform, providing automated reports that combine relevant data, visual analytics, and Natural Language Processing (NLP), quickly exposing signals to improve single stock and portfolio performance while de-risking exposure.

"By incorporating Point Focal's analytics into the NYFIX order routing network, we're able to deliver a new level of portfolio insights for clients," said George Rosenberger, General Manager for NYFIX at Broadridge Trading and Connectivity Solutions. "Point Focal provides a unique lens on the market which will help add alpha to the trading process and these new insights will rapidly improve performance while mitigating execution risk and simplify trading."

Broadridge's NYFIX clients, including buy-side asset and wealth managers, sell-side service providers, portfolio managers, traders, research analysts and RIAs, will have access to custom portfolios and watch lists, built from Point Focal's aggregated, vetted, alternative data derived from leading marketing sources and delivered in digestible and actionable summaries.

"We're pleased to make our portfolio analytics available to the Broadridge community. Broadridge is a trusted partner touching many investment management operations and has a history of identifying innovative technology solutions," said Thomas Bryant, Director of Sales and Business Development at Point Focal. "Combining Point Focal analytic assets with Broadridge's network and ability-to-scale creates an unprecedented experience for decision-makers."

Current reports from Point Focal that will be available on NYFIX include a pre-market report of recent news activity and sentiment scores, earnings recaps and outlooks; a post-market report summarizing portfolio performance and a weekly report summarizing on-and-off exchange venue activity.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with more than $5 billion in revenues, provides the critical infrastructure that powers investing, corporate governance and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than U.S. $9 trillion of equities, fixed income and other securities globally. A certified Great Place to Work^®, Broadridge is part of the S&P 500^® Index, employing over 14,000 associates in 21 countries.

For more information about us and what we can do for you, please visit www.broadridge.com.

About Point Focal

Point Focal is the most innovative solution for optimizing investment performance and managing risk. Our modern portfolio analytics tame today's wall of data to meet client and regulator demands. Point Focal synthesizes complex inputs (market structure sentiment, ESG, earnings, earnings calls, off-exchange activity, next-gen news, and news sentiment) and applies the right science (NLP, NLG, AI, ML), with integrated quantitative models and back-testing. Our portfolio overlays usingvisual analytics and automated narratives make asset managers better. Built to give you a competitive edge, Point Focal is the most advanced analytics solution for PMs, traders, and analysts who want to get ahead - and stay ahead.

For more information about Point Focal, please visit www.pointfocal.com or contact Thomas Bryant at tbryant@pointfocal.com

Broadridge Contacts:

Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com

Media:
Gregg Rosenberg
Corporate Communications
Gregg.Rosenberg@broadridge.com

 

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SOURCE Broadridge Financial Solutions, Inc.

FAQ

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What is the significance of Broadridge's partnership with Point Focal?

The partnership enhances Broadridge's NYFIX platform with advanced portfolio analytics, providing clients with improved data insights and trading performance.

When was the partnership between Broadridge and Point Focal announced?

The partnership was announced on February 6, 2023.

How will the collaboration benefit Broadridge clients?

Clients will gain access to automated, actionable analytics reports that improve portfolio management and mitigate trading risks.

What type of reports will Point Focal provide on NYFIX?

Point Focal will provide pre-market news activity reports, earnings recaps, and post-market portfolio performance summaries.