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Press Release

Broadridge Recognized for Investments in Next Generation Technology, Tapping into Asia Growth in Capital Markets and Asset Management

Broadridge Developing and Investing in Transformative Technology, Sees Benefits from Asia Expansion

Hong Kong and Singapore – 26 October 2017Broadridge Financial Solutions, Inc. (NYSE: BR), a global fintech leader providing communications, technology, data and analytics solutions to financial firms, recently received a number of industry awards in Asia. This recognition follows Broadridge’s significant investments in innovative technology over the past 12 months as well as continued expansion across the region.

 “Asian financial services are adapting rapidly as they work to compete across the region and on a global basis,” said David Becker, head of Asia Pacific for Broadridge. “As they extend their operations, they are seeking partners to help them harness technologies and streamline their operations.  Broadridge is a natural partner because of our investments in new technology and continuing innovation.”

Broadridge was recently recognized by the following:

  • International Business Awards named Broadridge as “Best Financial Technology” for the successful transformation of our client’s post-trade processing operations into an agile platform for growth
  • FOW and Global Investor named Broadridge “Best New Product - Collateral Management” and “Best New Product – Post-trade” at the Asia Capital Markets Awards
  • HFM Asia Hedge Fund Services Awards 2017 named Broadridge, “Best Technology Provider-Overall”

Building on its leadership position in Asia, Broadridge continues to invest in new technologies, like blockchain and artificial intelligence, to tap into Asia’s growth and help clients get ahead of today’s challenges to capitalize on tomorrow’s opportunities..

“Blockchain and artificial intelligence will be the biggest game changers in Asia since the creation of the Internet. The technology has the potential to redefine capital markets infrastructure,” said Becker. “We are firmly committed to next generation solutions and our innovation agenda to help our clients address transformation challenges and find growth. This will ultimately reduce infrastructure and regulatory costs.”

A recent Broadridge report, “Pathways to Profit: Leveraging Next Generation Technology to Drive Profitable Growth,” affirms that new technology has the potential to drive opportunities for new sources of revenue and cost savings. It finds that financial institutions see challenges in investing and finding the expertise to realize the full potential of disruptive capabilities. The report asserts that a partnership approach is needed to mutualize functions and to accelerate innovation and adoption of new technology to drive profit.

Broadridge will continue to expand its team and invest in innovative capabilities across the region. Broadridge recently announced the appointment of Bob Santangelo as President of International Sales, who will focus on international growth opportunities in EMEA and APAC.

Broadridge will be featured at the upcoming Singapore Fintech Festival on 13-17 November, organized by the Monetary Authority of Singapore. Representatives will be discussing blockchain applications and machine learning in Asia.

To download the report or learn more click here.

About Broadridge

Broadridge Financial Solutions, Inc. (NYSE:BR), a $4 billion global fintech leader, provides investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally. Broadridge’s investor 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 percent of public companies and mutual funds in North America, and processes more than $5 trillion in fixed income and equity trades per day.  Broadridge employs approximately 10,000 full-time associates in 16 countries.

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