Wedbush Selects Broadridge Technology to Accelerate Growth
Broadridge Financial Solutions (NYSE:BR) has been selected by Wedbush Securities as its strategic technology platform provider to transform its operations platforms. The partnership will integrate Wedbush with Broadridge's comprehensive suite of trading and post-trade solutions, including workflow automation, corporate actions, tax reporting, and regulatory services.
The implementation will provide Wedbush with access to advanced features including a unified wealth data layer, standardized APIs, AI-driven insights, and support for emerging asset classes like fractional shares and digital assets. The collaboration aims to help Wedbush modernize its clearing and wealth operations, drive digital innovation, and enhance client experiences.
Broadridge Financial Solutions (NYSE:BR) è stata scelta da Wedbush Securities come fornitore strategico della piattaforma tecnologica per trasformare le sue piattaforme operative. La collaborazione integrerà Wedbush con la suite completa di soluzioni di trading e post-trade di Broadridge, includendo automazione dei flussi di lavoro, corporate actions, reporting fiscale e servizi regolamentari.
L'implementazione offrirà a Wedbush accesso a funzionalità avanzate come un livello dati unificato per il wealth, API standardizzate, insight basati sull'IA e supporto per classi di attività emergenti come frazioni di azioni e asset digitali. L'obiettivo della partnership è modernizzare le operazioni di clearing e wealth di Wedbush, promuovere l'innovazione digitale e migliorare l'esperienza dei clienti.
Broadridge Financial Solutions (NYSE:BR) ha sido seleccionada por Wedbush Securities como su proveedor estratégico de plataforma tecnológica para transformar sus plataformas operativas. La asociación integrará a Wedbush con la completa suite de soluciones de trading y post-trade de Broadridge, incluyendo automatización de flujos de trabajo, corporate actions, reportes fiscales y servicios regulatorios.
La implementación proporcionará a Wedbush acceso a funcionalidades avanzadas como una capa de datos unificada para wealth, APIs estandarizadas, conocimientos impulsados por IA y soporte para clases de activos emergentes como acciones fraccionadas y activos digitales. La colaboración busca modernizar el clearing y las operaciones de wealth de Wedbush, impulsar la innovación digital y mejorar la experiencia del cliente.
Broadridge Financial Solutions (NYSE:BR)가 Wedbush Securities의 운영 플랫폼 전환을 위한 전략적 기술 플랫폼 제공업체로 선정되었습니다. 이 파트너십은 Wedbush를 Broadridge의 종합적인 트레이딩 및 포스트-트레이드 솔루션과 통합하며, 워크플로 자동화, 기업행위(corporate actions), 세무 보고 및 규제 서비스 등을 포함합니다.
구현을 통해 Wedbush는 자산관리 통합 데이터 레이어, 표준화된 API, AI 기반 인사이트, 분수주 및 디지털 자산과 같은 신흥 자산군 지원 등 고급 기능에 접근할 수 있게 됩니다. 이 협력은 Wedbush의 클리어링 및 자산관리 운영을 현대화하고 디지털 혁신을 촉진하며 고객 경험을 향상시키는 것을 목표로 합니다.
Broadridge Financial Solutions (NYSE:BR) a été choisie par Wedbush Securities comme fournisseur stratégique de plateforme technologique pour transformer ses plateformes opérationnelles. Le partenariat intégrera Wedbush à la suite complète de solutions de trading et post-trade de Broadridge, incluant l'automatisation des workflows, les corporate actions, le reporting fiscal et les services réglementaires.
La mise en œuvre offrira à Wedbush l'accès à des fonctionnalités avancées telles qu'une couche de données wealth unifiée, des API standardisées, des insights pilotés par l'IA et le support de classes d'actifs émergentes comme les fractions d'actions et les actifs numériques. Cette collaboration vise à moderniser les opérations de clearing et de gestion de patrimoine de Wedbush, stimuler l'innovation digitale et améliorer l'expérience client.
Broadridge Financial Solutions (NYSE:BR) wurde von Wedbush Securities als strategischer Technologieplattform-Anbieter ausgewählt, um dessen Betriebsplattformen zu transformieren. Die Partnerschaft wird Wedbush mit Broadridges umfassendem Portfolio an Trading- und Post-Trade-Lösungen integrieren, einschließlich Workflow-Automatisierung, Corporate Actions, Steuerberichterstattung und regulatorischen Dienstleistungen.
Die Implementierung verschafft Wedbush Zugriff auf fortschrittliche Funktionen wie eine einheitliche Wealth-Datenebene, standardisierte APIs, KI-gestützte Insights und Unterstützung für aufkommende Anlageklassen wie Bruchstücke von Aktien und digitale Assets. Ziel der Zusammenarbeit ist es, Wedbushs Clearing- und Wealth-Operationen zu modernisieren, digitale Innovation voranzutreiben und die Kundenerfahrungen zu verbessern.
- Strategic partnership with major securities firm Wedbush expands Broadridge's market presence
- Technology implementation showcases Broadridge's comprehensive wealth management and clearing solutions
- Partnership demonstrates Broadridge's ability to execute large-scale technology transformations
- None.
Insights
Broadridge lands strategic client Wedbush in notable fintech platform deal, strengthening market position in wealth management technology.
Broadridge Financial Solutions has secured a significant new client with Wedbush Securities selecting Broadridge as its strategic technology platform provider. This represents a substantial business win for Broadridge in the competitive fintech space, as Wedbush is implementing Broadridge's end-to-end clearing and wealth management solutions across its operations.
The comprehensive implementation includes Broadridge's trading and post-trade capabilities, workflow solutions, corporate actions handling, tax and cost basis reporting, and regulatory reporting services. What makes this partnership noteworthy is its scope - Wedbush is adopting Broadridge's platform after a "comprehensive strategic evaluation" to transform its entire operations infrastructure.
For Broadridge, this deal reinforces its market position as a leading technology provider in the wealth management and securities processing space. The agreement showcases Broadridge's competitive advantage in offering integrated solutions that support both wealth management and clearing businesses on a single post-trade platform - a key differentiator mentioned explicitly in the announcement.
The implementation will leverage Broadridge's advanced features including standardized APIs, process automation, AI-driven insights, and support for emerging asset classes including fractional shares and digital assets. This demonstrates Broadridge's technology remains relevant and competitive in addressing evolving market demands.
This deal reflects the broader industry trend toward digital transformation and operational consolidation in financial services, with Broadridge positioned to capitalize on financial institutions' need to modernize legacy systems. As wealth management and brokerage firms increasingly seek technology partners to navigate complex regulatory requirements and deliver enhanced client experiences, Broadridge appears well-positioned to capture additional market share in this growing segment.
"At Wedbush, our vision is to be at the forefront of delivering next-generation wealth, clearing and fintech solutions for our clients and partners, and having proven end-to-end, cutting-edge operations platforms is key to accomplishing that," said Gary Wedbush, CEO of Wedbush Securities. "By powering our technology evolution with Broadridge's trusted solutions, we are taking a major step forward in consolidating and further automating our operations, embracing innovation, and laying the foundation for capabilities that will enable us to attract and serve the next generation of investors and fintech partners."
Wedbush's decision follows a comprehensive strategic evaluation. It will integrate with Broadridge's trading and post-trade capabilities, workflow, corporate actions, tax and cost basis reporting, and regulatory reporting services. The collaboration will help Wedbush fuel digital innovation and business expansion, attract top talent, and deepen client engagement.
"Wedbush's implementation of our leading end-to-end clearing and wealth technology platforms reflects a broader industry shift toward digital transformation and operational consolidation as firms strive to deliver innovation, scale, and superior client experiences," said Mike Alexander, President of Wealth Management at Broadridge. "This is a significant leap forward in Wedbush modernizing its clearing and wealth operations, and we're excited to support their journey. Our strong technology investments uniquely position us to work with firms like Wedbush, offering a single post-trade platform that supports both wealth management and clearing businesses, with the flexibility to combine client, Broadridge, and third-party technologies, enabling transformation on their terms."
Wedbush will benefit from Broadridge's platform features including a unified wealth data layer, standardized APIs, workflow and process automation, enhanced digital tools for advisors and end investors, real-time notifications, AI-driven insights, and support for emerging asset classes including fractional shares, alternative investments and digital asset trading. With Broadridge's wealth management platform, Wedbush will also be well positioned to seamlessly integrate third-party solutions and additional Broadridge services to address evolving business needs and continue driving innovation across the enterprise.
With a flexible and scalable platform, Broadridge empowers wealth management, fintech and clearing firms to simplify complexity, accelerate digital transformation, and unlock growth. Wedbush's integration reflects Broadridge's ongoing commitment to client success and industry innovation and builds on Broadridge's demonstrated capacity to lead large-scale, strategic technology transformations. Broadridge continues to help firms modernize operations and lead in a dynamic digital era.
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
For more information about us, please visit www.broadridge.com
About Wedbush Securities:
Wedbush Securities is the largest subsidiary of Wedbush Financial Services. Since its founding in 1955, Wedbush is widely known for providing our clients, both retail and institutional, with a wide range of securities brokerage, clearing, wealth management, and investment banking services. Headquartered in Los Angeles, California with 100 registered offices and nearly 900 colleagues, the firm focuses on client service and financial safety, innovation, and the utilization of advanced technology. Securities and Investment Advisory services are offered through Wedbush Securities Inc. Member NYSE/ FINRA / SIPC.
Media Contacts:
For Broadridge:
Linda Namias
Linda.namias@broadridge.com
631-254-7711
For Wedbush:
Serina Molano
Publicrelations@wedbush.com
213-688-4564
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SOURCE Broadridge Financial Solutions, Inc.
FAQ
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