Broadridge Tailored Shareholder Report Solution Wins Nicsa NOVA Innovation in Operations Award

Core Insights - Broadridge Financial Solutions, Inc. received the 2024 NOVA "Innovation in Operations" award from Nicsa for its Tailored Shareholder Reports solution, which addresses complexities from the SEC's TSR ruling effective July 2024 [1][2] - The Tailored Shareholder Reports solution has empowered 342 fund companies, processed over 14,000 CUSIPs, delivered more than 140 million emails, and executed approximately 57 million mailings since the rule's implementation [2] - Broadridge's solution enhances investor communication by providing personalized reports that combine and deliver TSRs specific to the funds and share classes held by investors [2][3] Company Overview - Broadridge Financial Solutions is a global technology leader that supports clients in the financial services industry with operational resiliency and transformative technology [3][4] - The company processes over 7 billion communications annually and facilitates daily trading of more than $10 trillion in securities globally [4] - Broadridge is part of the S&P 500 Index and employs over 14,000 associates across 21 countries [4] Industry Context - The SEC's Tailored Shareholder Reports rule requires intricate summarized disclosures to improve clarity and transparency for individual investors managing mutual fund and ETF investments [3] - Nicsa, the awarding body, is a not-for-profit trade association that promotes collaboration within the global asset and wealth management industry [5]