Press Release

Broadridge Taking Leadership Role on Cyber Security and Online Identity Management

Will be a panelist representing the financial services industry at White House discussion on Wednesday, May 23rd

LAKE SUCCESS, N.Y., May 22, 2012 -- Broadridge Financial Solutions will participate in a White House panel hosted by the National Strategy for Trusted Identities in Cyberspace (NSTIC), President Barack Obama's private sector-led and government-facilitated initiative to make online transactions trustworthy and protected. 

The colloquium for nearly 75 private sector leaders will be held on Wednesday, May 23, 2012, with representatives from the world’s largest corporations across numerous industries. Representing Broadridge will be Robert Krugman, a Vice President at the company and an expert on customer communications and client experience.

As the financial services industry navigates and embraces consumer-driven digital communications, Broadridge has developed technologies and programs and is investigating the development of an identity trust framework for the investment industry to facilitate this transition.

“Through the development of a trust framework, there is ample opportunity for financial services industry participants to save money, mitigate risks and grow businesses in the digital and information age,” said Mr. Krugman. “We recognize that Identity Management and NSTIC standards enable consumers to control how their information is being used and by whom - better enabling the investment industry to communicate with their clients through the channel of their choosing.”

Broadridge manages communications to more than 100 million investors on behalf of financial services companies and facilitates the digital distribution of vast amounts of materials to investors. 

Broadridge is also an active member of the Open Identity Exchange (OIX), a private sector organization that is working with industry participants to develop the legal framework, technology standards and business rules to ensure that security, privacy, and operational policies are strong enough to protect consumers and industry participant interests.

About Broadridge

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.

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