LAKE SUCCESS, New York – June 23, 2011 – Broadridge Financial Solutions, Inc. (NYSE:BR) today announced the appointment of Jay Pila as SVP and General Manager of its Securities Processing Solutions, International business for the Americas, responsible for driving growth initiatives for Broadridge’s international processing solution range for banks and brokers, investment managers and corporate treasurers.
Broadridge’s international processing solutions form a core component of its strategic growth roadmap. They include Broadridge’s market-leading multi-asset international trade processing and settlement solution, Gloss; the PROactive range of reconciliation and operational risk management solutions gained through the acquisition of City Networks in 2010; and Broadridge’s international SWIFT service bureau.
Jay joins Broadridge with over 24 years of experience in the financial services industry, with a strong track-record of driving revenue growth and building industry relationships. Prior to joining Broadridge, Jay was most recently with Fiserv where he was a divisional general manager and the corporate SVP of the sales division for investment services.
“We are delighted to welcome Jay to head up our expanding business in the Americas,” said Tom Carey, CEO, Securities Processing Solutions, International, Broadridge. “Jay joins us at a time when we are witnessing increased demand for our Gloss solution by US-domiciled entities to service their growing overseas flows as they seek to diversify globally. Our recently acquired reconciliation solutions stand to benefit from our US parentage and, along with our SWIFT bureau, position us more broadly to extend our services to the banking and corporate treasury sectors. Through Jay’s leadership and business development acumen, we will look to capitalise on these growth opportunities while delivering the highest standards of service to our client base.”
“This is an exciting time to join Broadridge. Its international solution range offers a compelling value proposition for both new and existing clients, and I see tremendous potential to leverage the Broadridge brand, its market relationships and service reputation,” said Mr Pila.
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and other corporations. Broadridge’s investor and customer communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge's infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America and processes on average $5 trillion in equity and fixed income trades per day. Broadridge employs approximately 10,000 associates in 16 countries.
For more information about Broadridge, please visit www.broadridge.com.
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