Welcome to our dedicated page for Broadridge Finl Solutions news (Ticker: BR), a resource for investors and traders seeking the latest updates and insights on Broadridge Finl Solutions stock.
Broadridge Financial Solutions, Inc. (NYSE: BR) is a global Fintech and technology company whose activities generate frequent, market-relevant news for investors and industry participants. Company announcements emphasize that Broadridge’s technology and operations platforms power investing, governance, and communications for clients, support post-trade processing and asset servicing, and underpin the daily average trading of more than $15 trillion in securities globally. As a result, developments at Broadridge can be relevant to capital markets infrastructure, wealth management technology, and regulatory-driven services.
This news page aggregates coverage of Broadridge (BR) across key themes highlighted in the company’s own releases. Readers can expect updates on its post-trade and capital markets platforms, including the Distributed Ledger Repo (DLR) platform, which the company describes as processing large average daily volumes of tokenized repo transactions. News also covers enhancements to its multi-asset portfolio and trade order management platform for asset managers and buyside firms, such as integrated general ledger capabilities and redesigned user interfaces.
Broadridge’s communications also feature strategic partnerships and acquisitions in areas like asset servicing, global tax and client reporting, and cross-border fund distribution and regulatory services. In addition, the company publishes thought leadership on operational resilience and regulation, including a whitepaper on the European Union’s Digital Operational Resilience Act (DORA) and related global regulatory trends.
Because Broadridge is part of the S&P 500 Index and is active across multiple segments of financial market infrastructure, its news flow often includes earnings announcements, dividend declarations, technology migrations, AI initiatives, and recognition in independent technology assessments. This page provides a centralized view of such developments for those tracking BR’s role in financial technology and market operations.
Broadridge Financial Solutions (NYSE: BR) will participate in two upcoming investor events: the Evercore ISI Payments & Fintech Innovators Forum on March 3, 2022, featuring CFO Edmund Reese, and the Raymond James Institutional Investors Conference on March 7, 2022, with CEO Tim Gokey speaking. Webcasts for both events will be available on the company's Investor Relations website. Broadridge, with $5 billion in revenues, supports financial infrastructure and governance, processing over $9 trillion in daily trading across various securities.
Broadridge Financial Solutions (NYSE: BR) has partnered with Australia's FinClear to enhance its securities finance offerings through the SFCM FastStart solution. This integration aims to simplify and automate securities finance, enabling FinClear to better serve its expanding client base. With Broadridge's technology, FinClear clients can access new revenue streams and improve operational efficiency. Broadridge, a fintech leader, reports $5 billion in revenues and supports over $9 trillion in daily trading across global markets.
Broadridge Financial Solutions (NYSE: BR) has declared a quarterly cash dividend of $0.64 per share. This dividend is set to be paid on April 5, 2022, to stockholders recorded as of March 15, 2022. Broadridge, generating $5 billion in annual revenues, is a key player in the Fintech sector, facilitating essential infrastructure for investing and corporate governance globally. With its operations supporting over $9 trillion in daily trading, Broadridge continues to enhance its role in financial markets.
Broadridge Financial Solutions (NYSE: BR) has released a whitepaper titled The Rise of the Retail Investor, highlighting the growth of retail investment in Europe and the need for better corporate governance from financial intermediaries. Key regulatory drivers, including the Shareholder Rights Directive (SRD II), mandate voting solutions for retail investors. The whitepaper emphasizes how retail investors, aided by social media, can influence corporate policies on issues such as ESG and director remuneration. Broadridge has noted increased demand for its ESG-focused retail voting solutions in response to these trends.
Broadridge Financial Solutions (NYSE: BR) has reported a significant rise in consumer expectations for improved customer experience (CX), with 65% of consumers feeling companies must enhance their CX, up from 35% three years ago. The survey indicates that 77% of consumers are willing to spend more if they receive a good CX. Challenges remain around personalization and data security, with 74% wanting customized experiences. The report also highlights that a flexible digital-first ecosystem is essential for companies to meet these demands.
Broadridge Financial Solutions (NYSE: BR) has entered a strategic alliance with Wolters Kluwer Compliance Solutions to enhance tax reporting solutions. The collaboration integrates the GainsKeeper cost basis solution with Broadridge's Brokerage Processing Services, streamlining tax data management for clients. GainsKeeper processes over 60 million accounts and supports digital assets reporting. This partnership aims to provide financial firms with reliable tools to comply with regulatory standards and optimize their operations amidst evolving market demands.
Broadridge Financial Solutions (NYSE:BR) reported strong Q2 results for fiscal 2022, with total revenues increasing 19% to $1,260 million compared to the previous year. Recurring fee revenues also rose 19% to $798 million. However, operating income dipped 13% to $69 million, impacting margins, while diluted EPS decreased 17% to $0.40. The company maintains its guidance for recurring fee revenue growth of 12-15% and Adjusted EPS growth of 11-15%. Closed sales also surged 87% to $83 million.
Broadridge Financial Solutions (NYSE: BR) and Financial Services Institute released a study revealing growth opportunities for financial advisors in the wealth management sector. The survey of over 400 U.S. advisors indicates that 92% are satisfied with their technology, yet many see room for improvement. Notably, 64% report increased interest in cryptocurrency from clients, while 33% noted a rise in ESG investments. The study emphasizes the importance of financial literacy and technology tools in reaching new client demographics and enhancing service quality.
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