Broadridge Successfully Delivers ISO 20022 Cash Messaging Capabilities for its Post-Trade Clients

Rhea-AI Summary

Broadridge Financial Solutions (NYSE:BR) has successfully implemented ISO 20022 cash processing capabilities for its global bank and broker/dealer clients, well ahead of the November 2025 Swift Standard Release deadline. The transition represents the most significant change in Swift messaging in over 20 years.

The new ISO 20022 standard enables enhanced message processing with improved data structure and flexibility compared to legacy formats, allowing for more detailed business information and greater transaction transparency. Broadridge's implementation strategy focuses on creating a foundation for future enhancements, ensuring clients are prepared for potential expansions of the standard.

Positive

• Early implementation of ISO 20022 capabilities ahead of November 2025 deadline
• Minimized implementation costs for clients
• Enhanced messaging capabilities with improved data structure and transparency
• Strategic positioning for future ISO 20022 standard expansions

Negative

• None.

News Market Reaction

-0.48%

1 alert

-0.48% News Effect

On the day this news was published, BR declined 0.48%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK and LONDON, Sept. 25, 2025 /PRNewswire/ -- Global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced that it has delivered full ISO 20022 cash processing capabilities for its global bank and broker/dealer clients. This positions clients well ahead of the November 2025 Swift Standard Release.

"At Broadridge, we are committed to making sure that our clients are positioned to use mandatory change as a springboard for growth," said Danny Green, Head of International Post-Trade Solutions at Broadridge. "The Swift ISO 20022 transition marks the most significant change in Swift messaging that the financial markets have seen in more than 20 years. As an industry leader, we have implemented this change across our post-trade platform, de-risking the transition for clients and minimizing their cost to implement. As a result, our clients are not only compliant with the November 2025 deadline, ahead of schedule, but are positioned to take advantage of the enhanced capabilities that ISO 20022 provides."

The ISO 20022 migration enables more sophisticated message processing with significantly enhanced data structure and flexibility compared to the relatively limited scope of legacy formats. The new messaging standard allows for more structured and detailed business information, providing greater transparency in financial transactions.

Broadridge's implementation strategy has focused on creating a foundation for future enhancements, ensuring clients are positioned for potential future expansions of the ISO 20022 standard. This approach demonstrates how Broadridge helps clients navigate mandatory market changes through its proactive product management and collaborative implementation methodology.

With the November 2025 deadline approaching, when Swift will discontinue processing ISO 15022 payment messaging formats, Broadridge's timely preparation and successful client implementations underscore the company's position as a trusted partner in critical market infrastructure transitions.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping 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 process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in equities, fixed income, and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com.

Media Contacts:

Europe
Jessica.Bromham@cognitomedia.com

North America
Gregg.Rosenberg@broadridge.com

Asia-Pacific
asia-broadridge@teneostrategy.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/broadridge-successfully-delivers-iso-20022-cash-messaging-capabilities-for-its-post-trade-clients-302566233.html

SOURCE Broadridge Financial Solutions, Inc.

FAQ

What is Broadridge's ISO 20022 implementation timeline for Swift payments?

Broadridge has already delivered full ISO 20022 cash processing capabilities, well ahead of the mandatory November 2025 Swift Standard Release deadline.

How does ISO 20022 improve financial messaging compared to previous standards?

ISO 20022 enables more sophisticated message processing with enhanced data structure and flexibility, providing greater transparency in financial transactions compared to legacy formats.

What benefits does Broadridge's ISO 20022 implementation offer to clients?

Clients benefit from minimized implementation costs, early compliance with the November 2025 deadline, and enhanced messaging capabilities while being positioned for future standard expansions.

When will Swift discontinue processing ISO 15022 payment messaging formats?

Swift will discontinue processing ISO 15022 payment messaging formats in November 2025.

How is Broadridge preparing clients for future ISO 20022 developments?

Broadridge has created a foundation for future enhancements, ensuring clients are positioned for potential future expansions of the ISO 20022 standard through proactive product management.