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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, Inc. (NYSE:BR) a 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.
For more information about Broadridge, please visit www.broadridge.com.
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