Lake Success, NY – June 23, 2008 – Broadridge Financial Solutions, Inc. (NYSE: BR) announced today that Edward Jones, one of the top securities firms in investor satisfaction, has signed a multi-year contract to have Broadridge implement an integrated brokerage solution to support Edward Jones’ extensive retail business in Canada.
Broadridge, which already provides trading technology to Edward Jones in the US and the UK , is leveraging its knowledge of the firm to implement an end-to-end self-clearing platform, including the ProVisor® advisor desktop in Canada . The ProVisor desktop will be enhanced to include customized workflow functionality which will increase efficiencies for Edward Jones Canada ’s growing network of advisors.
“The breadth of services and self-clearing advantages that Broadridge’s platform will enable us to deliver will provide new tools and efficiencies critical to the financial advisors and investors we work with,” said Gary Reamey, Principal and Country Leader for Canada. “We believe that our relationship with Broadridge will ensure a smooth transition to self-clearing our operations and allow us to provide unique and differentiating services to our advisors and their clients,” continued Mr. Reamey.
“We are extremely proud that we are in a position to leverage our global relationship with Edward Jones to provide a comprehensive solution that will support their advisory and self-clearing businesses in Canada,” said Michael Dignam, President, Broadridge Financial Solutions (Canada) Inc. “As a result of our long-standing relationship with Edward. Jones in the US and UK, we believe that we are in a perfect position to add the efficiencies, increased functionality and enhanced service offerings that advisors at Edward Jones in Canada need.”
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 14 countries.
For more information about Broadridge, please visit www.broadridge.com.
JC Public Relations, Inc
Broadridge Financial Solutions, Inc.