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LAKE SUCCESS, N.Y., August 3, 2017 – Broadridge Financial Solutions, Inc. (NYSE:BR) a global fintech leader providing communications, technology, data and analytics solutions to financial firms in capital markets, wealth management, asset management and corporate issuers across multiple industries, has provided Tokai Tokyo, with an innovative solution to help automate its front- and middle-office investment management processes.
“We are excited to expand our existing relationship with Tokai Tokyo,” commented Askin Leung, Regional Director of Broadridge investment management solution. “Broadridge has a 20-year history of providing post-trade management solutions to financial institutions in Japan. This relationship further enhances our footprint in this important market to provide solutions to our clients across the buy and sell side.”
The highly customised solution was developed by Broadridge to meet Tokai’s specific needs. Broadridge created a flexible and scalable end-to-end solution delivering a high level of process automation, which could not be matched by domestic solutions providers. At the same time, Broadridge’s on-the-ground presence in the Japan market gives its solution a knowledge and pricing advantage over its international peers.
Mr. Shinobu Ikari, Head of Financial Market Division Tokai Tokyo, commented that “We have been struggling to find a partner that offers the right solution, right price and right implementation schedule. Domestic vendors did not have the right solution for us while international vendors are often over-priced yet do not understand our local needs. Based on my experience in Singapore with the Broadridge’s investment management solution, I wanted to expand it to our Japanese business. Broadridge demonstrated that as an international partner they are able to share global best practice and standards while understanding local requirements. It’s the second time that the Tokai Tokyo group in Asia has had a successful project with the support from Broadridge”.
Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with more than $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 U.S. $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.
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