"We are thrilled to be named as a Luminary by Celent and to be recognized for our efforts in streamlining the front to back environment for our clients," said Peter Webb, Senior Director Product Management, Broadridge. "We have simplified and optimized reconciliation operations with BRx Match, an industry leading platform that allows users to automate the reconciliation of any data sources and streamline the exception management process." Designed to solve both complex and simple reconciliations and to put ...

Acquires CompSci, a Web-based, collaborative platform for SEC disclosure preparation, XBRL tagging, and EDGAR filing; platform simplifies disclosure complexities with both managed and self-service capabilities NEW YORK, July 1, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has acquired CompSci Resources, LLC, a provider of cloud-based financial technology software for the preparation and processing of SEC filings for public companies and funds. CompSci's techno ...

NEW YORK, June 17, 2024 /PRNewswire/ -- To simplify market data management and reduce operational risk for clients, Broadridge Financial Solutions Inc. (NYSE:BR), today announced the integration of its global Futures and Options (F&O) Software-as-a-Service (SaaS) Platform with Transaction Network Services (TNS), a global leader in providing mission-critical infrastructure for financial markets. TNS will enhance the functionality of Broadridge's F&O platform for the derivatives market by providing global exc ...

NEW YORK, June 13, 2024 /PRNewswire/ -- Further building on its GenAI leadership in the fixed income market, LTX, an AI-powered corporate bond trading platform backed by global Fintech leader Broadridge Financial Solutions Inc. (NYSE:BR), today announced GenAI-powered List Trading functionality. The new feature allows users to leverage GPT technology to generate and execute multi-asset class, multi-directional trade lists seamlessly via RFQ+. "In response to clients' positive engagement with our GenAI-power ...

In her role, Smith will focus on scaling and streamlining the Broadridge International business to drive transformational levels of operating efficiency and productivity. She will oversee implementation processes and program management and be responsible for ensuring a thriving country and regional level organizational structure. Combined with a cohesive approach to satisfying client needs through broader, segment-specific solutions, Smith will also help ensure best practices are further extended across fun ...

Core Viewpoint - Broadridge Financial Solutions, Inc. has shown strong performance with a 28% stock gain over the past year, outperforming both the industry growth of 14% and the S&P 500's 23% rally [1] Group 1: Financial Performance - The company's earnings for fiscal 2024 and 2025 are projected to improve by 10% and 9% year over year, respectively [6] - Revenues are expected to increase by 8% in fiscal 2024 and 5.5% in fiscal 2025 [6] - Broadridge's revenues increased by 6.2% in fiscal 2023, with an anticipated 7.6% year-over-year increase in fiscal 2024 [11] Group 2: Growth Drivers - The acquisition of Itiviti has enhanced Broadridge's global technology and operations segment, leading to a 5% revenue increase year over year in fiscal 2023, with expectations of a 9.5% rise in fiscal 2024 [3] - The Investor Communication Solutions (ICS) segment is expected to continue growing, driven by demand in regulatory, data-driven fund, corporate issuer, and customer communications solutions, with a revenue increase of 6.6% in fiscal 2023 and a projected 7% increase in fiscal 2024 [7] - The recent acquisition of AdvisorTarget is anticipated to expand Broadridge's capabilities in digital distribution and marketing for asset management and wealth firms, enhancing its market position [12] Group 3: Market Position and Risks - Broadridge is heavily exposed to the securities industry, which includes brokerages and asset managers, indicating that a downturn in the markets could negatively impact the company's business [13] - Client concentration poses a risk, as the largest single client accounted for approximately 7% of consolidated revenues in fiscal years 2023 and 2022, and 6% in 2021 [4]

A month has gone by since the last earnings report for Broadridge Financial Solutions (BR) . Shares have added about 2.4% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Broadridge Financial due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Broadridge Beats Q3 Ea ...

NEW YORK, June 4, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that Edmund Reese, Chief Financial Officer, will be stepping down from his role, effective June 30, 2024, to become Chief Financial Officer of Aon, a $61 billion market capitalization global professional services firm. Ashima Ghei, who is currently the Chief Financial Officer of Broadridge's $4.5 billion revenue Investor Communication Solutions segment, will serve as Interim Chief Financial Officer. Broadri ...

Broadridge Financial Solutions, Inc. (BR) has had an impressive run over the past year. The company's shares have gained a whopping 32.3%, significantly outperforming the 16.5% rally of the industry it belongs to and the 26% rise of the Zacks S&P 500 composite. The company today announced the acquisition of AdvisorTarget, a provider of data products to asset management and wealth Management firms. The move is aimed at supporting clients with more personalized and effective marketing campaigns. The acquisiti ...

Combining forward-looking advisor intent data with asset holding data enables precision-targeted, costeffective digital marketing and sales strategies NEW YORK, May 30, 2024 /PRNewswire/ -- Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) announced today that it has acquired AdvisorTarget, a market leader in providing asset management and wealth management firms with data products to help power digital marketing, sales and engagement programs targeting financial advisors. Adding AdvisorT ...