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Press Release

Broadridge Wins OpsTech – Fixed Income Support Services Category Award in Chartis RiskTech100

Recognized as a market leader within 100 risk technology vendors for seven straight years

NEW YORK, N.Y. – February 8, 2021Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, has been recognized for the seventh year in a row by Chartis RiskTech100® as one of the top-100 risk technology vendors and received the Operations Technology (OpsTech) category award for fixed income support services.

The RiskTech100 is a comprehensive and valuable industry benchmark that ranks the world’s major players in risk and compliance technology. Broadridge, a global provider of risk technology solutions for hedge funds, banks, securities firms and asset managers, was recognized for the transformation of its fixed income solutions, including the growth of fixed income offering Broadridge Business Process Outsourcing (BPO), and continuing investments in credit risk solutions.

“Financial institutions are having to adapt to evolving market dynamics around credit and operations,” said Phil Mackenzie, Senior Research Specialist at Chartis. “In this context, Broadridge’s ranking and category award reflect its in-depth work in credit risk, and its continuing strength in operational coverage.”

Broadridge's fixed income solutions are built upon best-practice standards designed to help clients improve operational efficiency and navigate risk and regulations through the full trade lifecycle, from trade execution through confirmation, settlement and accounting. Clients use Broadridge’s technology to trade a wide variety of asset classes – including corporate bonds, international-backed securities and repo transactions. Working with 19 of the 24 primary dealers in the U.S., Broadridge’s market-leading, real-time straight-through-processing technology processes $10 trillion in trades per day, making it the most widely used, operationally efficient fixed income processing solution on the market that measures and mitigates risk. Currently, Broadridge BPO hosts 45 clients, including seven primary dealers, with over 35% of Broadridge’s technology platform clients transitioning to the platform.

Broadridge has also bolstered its overall risk technology suite through the acquisitions of FundsLibrary, a digital platform that provides global fund managers with in-depth fund data, documentation and regulatory reporting; and ClearStructure Financial Technology, a provider of portfolio management solutions for private debt markets.

“Over the past few years, Broadridge has heavily invested time and resources into building our fixed income offerings, such as our BPO solution, to support our clients’ evolving risk, transformation and operational needs,” said Kevin Moran, Broadridge’s Global Head of BPO. “Our continued recognition by Chartis as a top risk-technology vendor and winner for fixed income support services reinforces our market-leading expertise and innovation. Specifically, this award recognizes our dedication to providing fixed-income solutions that help financial firms transform their processes to better navigate the fast-changing investing and risk management landscape.”

To compile the RiskTech100, Chartis performs an annual comprehensive market sweep of leading participants in 40 risk categories. For 2021, the firm completed 1,500 surveys and interviews with risk technology buyers and end users. Additionally, Chartis evaluated 400 completed questionnaires, briefing documents and product specifications from risk technology vendors.

About Chartis

Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

RiskTech100® is a registered trade mark of Chartis Research limited.

Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice - (www.chartis-research.com).

About Broadridge

Broadridge Financial Solutions, Inc. (NYSE: BR), a $4.5 billion global Fintech leader, is a leading provider of investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers and corporate issuers. Broadridge's infrastructure underpins proxy voting services for over 50 percent of public companies and mutual funds globally, and processes on average more than U.S. $10 trillion in fixed income and equity securities trades per day. Broadridge is part of the S&P 500® Index and employs over 12,000 associates in 17 countries.

For more information about Broadridge, please visit www.broadridge.com

To contact media relations, please email us at mediarelations@broadridge.com.