LTX by Broadridge Named First Runner Up in the 2023 Gartner® Eye on Innovation Awards
LTX’s BondGPT recognized for innovation in financial services
NEW YORK, November 28, 2023 – Broadridge Financial Solutions, Inc. (NYSE:BR), has been named as the first runner up in the 2023 Gartner Eye on Innovation Awards for Financial Services in the Americas for LTX’s BondGPT application. The awards recognize financial services companies for their innovative use of technology to drive best-in-class initiatives. All submissions are assessed by Gartner, and finalists are selected by benchmarking against world-class performance standards across three regions: APAC, EMEA and the Americas. The awards spotlight cutting-edge initiatives among banks, insurers, investment firms, payment providers, and lenders from across the globe. Now in its 9th edition, the 2023 honorees were chosen from a record-breaking number of 400 nominations from more than 200 financial services institutions. Honorees were assessed by Gartner and a panel of industry judges, and finalists were selected by benchmarking against world-class performance standards across APAC, EMEA and the Americas.
“We are pleased to have been named first runner up in the 2023 Gartner Eye on Innovation Awards,” said Jim Kwiatkowski, CEO of LTX. “We believe the recognition is a testament to the efforts of our talented and dedicated teams, who work passionately to deliver the next generation of solutions that answer the needs of our institutional fixed income trading clients today.”
Broadridge continues to evolve along with the industries it serves. LTX’s BondGPT application is the first of its kind, leveraging generative AI to answer complex bond-related questions. The conversational interface allows users to efficiently identify bonds and ask detailed questions about markets, sectors, issuers, trading activity, and trends to help them construct portfolios and identify trading opportunities.
“In an industry as competitive as the financial services industry, our clients look to us to help them deliver results,” said Joseph Lo, Head of Enterprise Platforms at Broadridge. We believe, “This award is the embodiment of the innovation and collaboration that LTX and Broadridge are driving with our clients as we help them address new and persistent business challenges.”
For more information about the winners, visit the awards page or watch the webinar to learn more about the cutting-edge financial services initiatives across the globe.
The identification of Gartner Eye on Innovation Awards for financial services, runner up or winner(s) is not an endorsement by Gartner of any vendor, product or service, but is a recognition by industry peers for innovation excellence that inspires others. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
LTX is an electronic trading platform that enables corporate bond market participants to trade smarter, combining powerful, patented artificial intelligence with innovative e-trading protocols to improve liquidity, efficiency, and execution. The Liquidity Cloud is the LTX network of anonymous real-time buy- and sell-side indications of interest which include CUSIP, direction, price, and size. LTX is a division of Broadridge Business Process Outsourcing LLC, the broker-dealer subsidiary of Broadridge Financial Solutions.
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.