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NEW YORK – Jan. 13, 2022 – Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announces it has earned two category awards in the Chartis 2022 RiskTech100®, a globally recognized independent study of the world's major providers of risk and compliance technology.
For the first time, Broadridge has been recognized by Chartis as the OpsTech: Fees and Commissions category winner among providers for trading firms, banks and the buy-side. For the third year in a row, Broadridge has been recognized as the OpsTech: Fixed-Income Support Services category winner.
“Fees and commissions have been a problem for financial firms, particularly on the buy-side,” said Phil Mackenzie, Research Principal at Chartis. “Broadridge is a key provider helping the industry solve for accurate tracking and allocation, which is critical to better cost controls.”
'We're delighted to be recognized in the 2022 Chartis RiskTech100 report, which is a reflection of Broadridge’s strong history of helping asset management clients solve their most pressing operational challenges and improving their bottom lines by managing revenues and expenses more efficiently,” said Brian Crowley, Global Head of Product and Product Strategy, Broadridge Asset Management Solutions. “We’re seeing more firms realize cost, efficiency and compliance benefits by automating their processes with our solution, and it’s enabling them to instead focus more resources on activities that help them differentiate themselves and focus on future asset growth.”
Broadridge’s revenue and expense management solution tracks and calculates fees and commissions across various complex workflows and helps asset managers and other financial services providers improve revenue reporting. The technology is used by asset managers, hedge funds, wealth and bank clients globally to automate processes to achieve more efficient accounting functions, faster invoicing, streamlined expense reconciliation, more accurate billing, improved auditing and now forecasting.
Broadridge's fixed income solutions are built upon best-practice standards designed to help clients improve operational efficiency and navigate risk and regulations through the full trade lifecycle, from trade execution through confirmation, settlement and accounting. Clients use Broadridge’s technology to trade a wide variety of asset classes – including corporate bonds, international-backed securities and repo transactions.
Access the 2022 Chartis RiskTech100 report by visiting the Chartis website at this link.
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $6 billion in revenues, provides the critical infrastructure that powers investing, corporate governance, and communications to enable better financial lives. We deliver technology-driven solutions that drive business transformation for banks, broker-dealers, asset and wealth managers and public companies. Broadridge's infrastructure serves as a global communications hub enabling corporate governance by linking thousands of public companies and mutual funds to tens of millions of individual and institutional investors around the world. Our technology and operations platforms underpin the daily trading of more than $10 trillion of equities, fixed income and other securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 14,000 associates in 21 countries.
For more information about us, please visit www.broadridge.com.
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