Broadridge Finl Solutions Inc Stock Price, News & Analysis

Broadridge Financial Solutions (NYSE: BR) and Northern Trust (Nasdaq: NTRS) have partnered with Emerald Technology Ventures to utilize Broadridge's Private Market Hub, leveraging blockchain technology for enhanced transparency in private equity. This innovative platform provides real-time data and automates workflows across fund lifecycle management. Emerald has migrated four funds to this hub, allowing for transparent interactions and efficient fund management. This collaboration aims to address growing investor interest in private assets and enhance operational structures.

Broadridge Financial Solutions (NYSE:BR) has launched its 'golden copy' event sourcing and proxy vote execution service in Switzerland as part of its global innovation program aimed at enhancing corporate governance. This new service is designed for custodians and local agents, providing efficient proxy voting processes and enabling straight-through processing automation. The service allows for early receipt of issuer-verified event announcements, improved voting deadlines, and enhanced voting transparency. Broadridge aims to expand its proxy processing coverage to more markets in 2022 and 2023.

Broadridge Financial Solutions (NYSE: BR) released a white paper, The Case for a Multi-Asset Post-Trade Approach, revealing that sell-side firms utilize an average of 9.1 post-trade processing solutions. This fragmentation leads to increased costs and operational challenges. Key findings indicate a need for streamlined processes, improved utilization of technology, and a shift from siloed systems. The paper emphasizes the importance of digital transformation for enhanced efficiency and regulatory compliance in post-trade operations.

SBI SECURITIES has expanded its partnership with Broadridge Financial Solutions to enhance post-trade operations in Hong Kong and Singapore. The migration to Broadridge’s cloud-based ASP service will automate workflows, including SWIFT messaging, improving operational efficiency and client service. This collaboration aims to leverage Broadridge's expertise to facilitate digital transformation and provide cost-efficient investment opportunities. SBI SECURITIES, a leader in Japan's online securities sector, aims to boost client service and operational scalability through this strategic integration.

Broadridge Financial Solutions (NYSE: BR) will release its financial results for Q1 of fiscal year 2022 on November 3, 2021.

A webcast and conference call are scheduled for 8:30 a.m. ET on the same day, featuring CEO Tim Gokey and CFO Edmund Reese.

The company, with $5 billion in revenues, plays a pivotal role in global financial infrastructure, managing over $9 trillion in daily securities trading.

For more details, visit Broadridge's Investor Relations website.

Broadridge Financial Solutions (NYSE: BR) has launched an Anti-Money Laundering Solution (AMLS), enhancing its existing Intelligent Automation suite with machine learning capabilities. Aimed at financial institutions, AMLS improves transaction monitoring, name screening, and customer risk scoring, addressing the growing challenges in detecting illicit money flows. The platform significantly reduces false alerts, enhances operational efficiency, and integrates advanced ML techniques to keep pace with evolving money laundering tactics. The annual money laundering amount is estimated between $1.6 trillion and $2 trillion.

Itiviti, part of Broadridge Financial Solutions (NYSE: BR), announced the integration of its NYFIX Matching solution with Broadridge's investment management system. This new automated solution aims to enhance trade allocation, confirmation, and affirmation for clients by increasing efficiency and reducing costs. With the capability to consolidate different asset classes, the integration promises near real-time error detection and accelerated settlement cycles. Broadridge, generating over $5 billion in revenue, continues to expand its fintech offerings.