Broadridge Partners with Uptiq to Modernize Wealth Management with AI-Powered Wealth Lending Solutions
Rhea-AI Summary
Broadridge Financial Solutions (NYSE:BR) has announced a strategic partnership and minority investment in Uptiq, an AI platform for financial services. The partnership integrates Uptiq's AI technology into Broadridge's Wealth Lending Network (WLN) to automate securities-based lending (SBL) workflows.
The integration aims to modernize wealth management by enabling financial advisors to access AI-powered tools that streamline loan processing, automate referral submissions, and enhance covenant tracking. The partnership connects wealth managers and advisors with lenders through a digital platform, making it easier to source and compare securities-based lines of credit for clients.
Positive
- Strategic minority investment in AI platform Uptiq enhances Broadridge's technological capabilities
- Integration streamlines securities-based lending processes and improves operational efficiency
- Partnership expands financial advisors' access to credit solutions and strengthens compliance
Negative
- None.
News Market Reaction
On the day this news was published, BR gained 0.59%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
"This strategic partnership helps modernize wealth management, addressing the growing demand for artificial intelligence in financial services, as well as a need to develop a better wealth lending process that is efficient, compliant and personalized," said Mike Alexander, President of Wealth Management at Broadridge. "With Uptiq's AI-powered tools and Broadridge's Wealth Lending Network, we are enabling advisors to deliver smarter lending recommendations, save time, and ultimately help their clients access the liquidity needed to achieve their financial goals. Our investment demonstrates our commitment to driving innovation in the wealth lending ecosystem."
The Broadridge Wealth Lending Network is a digital platform that connects wealth managers, financial advisors, and their clients with a network of lenders that extend securities-based lines of credit. It streamlines the process of accessing SBL solutions, particularly for financial advisors and wealth management firms that are not affiliated with banks. Through the integration with Uptiq, financial advisors can more easily source and compare loan options tailored to their clients' needs, while automating manual tasks such as referral submission, loan processing, and covenant tracking. The combined solution expands financial advisors' access to credit solutions for their clients, improves client service, strengthens compliance, and reduces the typical friction and complexity in providing lending solutions to wealth clients.
"Uptiq was purpose-built to remove the heavy lifting from lending," said Snehal Fulzele, Founder and CEO of Uptiq. "Our AI-driven platform surfaces the most relevant loan options, actively guiding advisors so they can focus on serving clients instead of wrestling with process complexities. By connecting directly with Broadridge's Wealth Lending Network banks, we're making it easier than ever to provide securities-based lending as a compelling and compliant liquidity solution."
Broadridge's investment supports Uptiq's growth and reinforces a shared vision for transforming wealth lending. By harnessing AI to simplify complex lending processes and deliver smarter, more scalable solutions, Broadridge and Uptiq are helping financial institutions adapt, grow, and drive better outcomes across the financial ecosystem.
About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology to help 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 process and generate over 7 billion communications per year and underpin the daily average trading of more than
For more information about us, please visit www.broadridge.com
About Uptiq
Uptiq is a Gen AI agent development platform for financial services. At UPTIQ, we believe that the financial industry can and should do better. That's why we've made it our mission to empower financial advisors with cutting-edge technology and innovative solutions that enable them to better serve their clients and drive long-term success. Our core values are at the heart of everything we do, guiding our approach to innovation, client success, and the pursuit of excellence.
Media Contacts:
For Broadridge:
Caroline Wolf
Prosek Partners
cwolf@prosek.com
For Uptiq:
marketing@uptiq.ai
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SOURCE Broadridge Financial Solutions, Inc.
FAQ
What is the partnership between Broadridge (NYSE:BR) and Uptiq?
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What is Broadridge's Wealth Lending Network (WLN)?
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