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 leader in investor communications and financial technology infrastructure. This news hub provides authorized updates on corporate developments, regulatory milestones, and strategic initiatives shaping the fintech sector.
Investors and analysts will find verified press releases covering earnings disclosures, partnership announcements, and technology deployments. Our curated selection focuses on material events impacting capital markets operations, digital transformation projects, and governance-related communications.
Key updates are organized by relevance to financial professionals, including:
• Quarterly financial performance reports
• Strategic acquisitions and client wins
• Regulatory compliance advancements
• Technology platform enhancements
Bookmark this page for direct access to Broadridge's official communications and third-party analyses vetted for operational context. Regular updates ensure stakeholders maintain awareness of developments affecting investor services, trade processing ecosystems, and financial data management solutions.
Broadridge Financial Solutions reported strong financial results for Q2 and the first six months of fiscal year 2021. Total revenues rose by 9% to $1,055 million in Q2, while recurring fee revenues increased 7% to $696 million. Operating income surged 197% to $79 million, boosting diluted EPS to $0.48, a 433% year-over-year increase. The company forecasts full-year recurring revenue growth of 3-6% and adjusted EPS growth of 6-10%, expecting to meet the higher end of its guidance.
Broadridge Financial Solutions (NYSE: BR) has begun developing its role as an Approved SFT Submitter in collaboration with DTCC for a new Securities Financing Transaction (SFT) Clearing service. This service will enhance central clearing and settlement for overnight equity loans and borrowings. Slated for launch in Q3 2021, pending regulatory approval, the service aims to improve market access, reduce risks, and optimize capital usage for clients. The initiative reflects Broadridge's ongoing commitment to advancing efficiency in the securities finance market.
Broadridge Financial Solutions (NYSE: BR) has been selected by Cecabank, a major Spanish custodian bank, to implement its automated global proxy voting solution, enhancing compliance with the new Shareholder Rights Directive (SRD II). This initiative aims to streamline shareholder involvement in corporate governance, ensuring transparency and efficient communication. The solution is already operational, supporting Cecabank's diverse client base with enhanced governance standards. Broadridge has successfully completed over 220 implementations of its SRD II solutions, indicating strong market demand.
Broadridge Financial Solutions, Inc. (NYSE: BR) announces the appointment of Germán Soto Sanchez as Senior Vice President of Corporate Strategy, succeeding Michael Tae, who transitions to Chief Transformation Officer. Soto Sanchez brings extensive experience from Cloud9 Technologies and JPMorgan Chase, focusing on enhancing Broadridge's strategic vision and growth initiatives. CEO Tim Gokey emphasizes Soto Sanchez's innovative leadership as crucial to navigating the evolving financial industry landscape. Broadridge, a $4.5 billion global Fintech leader, is well-positioned to partner with firms for transformative technology solutions.
Broadridge Financial Solutions, Inc. (NYSE: BR) will release its fiscal second quarter and six-month results for 2021 on February 2, 2021. The company plans to hold a webcast and conference call at 8:30 a.m. ET, featuring CEO Tim Gokey and CFO Edmund Reese. Investors can access the live event on Broadridge's Investor Relations website or via phone. Broadridge, a $4.5 billion global Fintech leader, provides investor communications and processes $10 trillion in trades daily, serving over 50% of public companies globally.
Broadridge Financial Solutions (NYSE: BR) has partnered with AI company Fligoo to develop predictive analytics software tailored for the wealth management sector. This collaboration aims to enhance client engagement by leveraging data to anticipate investor needs, fostering hyper-personalization and improving overall satisfaction. The initial product will enable financial advisors to optimize their services, creating a scalable end-to-end practice management solution. Broadridge's investment in AI, blockchain, and digital solutions aligns with their commitment to driving innovation in financial services.
Broadridge Financial Solutions (NYSE: BR) has launched the Broadridge Proxy Policies & Insights (PPI) Data, a pioneering platform offering an open data-feed of proxy voting data and analytics. Leveraging Amazon Web Services, it provides over 5 million data points from more than 85,000 meetings. The platform aims to enhance the proxy voting experience for broker-dealers and investors by automating data extraction and facilitating personalized notifications. Notably, the service is available for free to regulators, academics, and non-profits.
Broadridge Financial Solutions (NYSE: BR) has partnered with SLIB to create a cross-border proxy voting solution for compliance with the Shareholder Rights Directive II (SRD II). This automated service is designed for French intermediaries, streamlining the voting process for European shareholder meetings. The collaboration aims to enhance efficiencies in vote processing and meet regulatory obligations, with the solution expected to be available ahead of the 2021 proxy season. Broadridge has seen significant demand for its SRD II solution, completing over 100 client implementations thus far.
Broadridge Financial Solutions (NYSE: BR) has appointed Art Certosimo as Chairman of the Board for LTX, a company focused on AI-driven digital trading platforms for corporate bonds. Certosimo, with over 35 years of experience in banking and capital markets, aims to enhance liquidity and efficiency in the corporate bond market. He will work alongside LTX's new CEO, Jim Toffey, and former Chairman, Vijay Mayadas, who transitions to Vice Chairman. Broadridge, a $4.5 billion global Fintech leader, processes over $10 trillion in securities trades daily.
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