Financial Data and Key Metrics Changes - Broadridge reported strong first-quarter results with 8% recurring revenue growth on a constant currency basis and a 51% increase in adjusted EPS [5][21] - Total revenue increased by 12% to $1.6 billion, driven by recurring revenue growth and higher event-driven revenue [27][28] - Adjusted operating income margin expanded by 280 basis points to 15.8% [28] Business Line Data and Key Metrics Changes - Governance business revenues rose by 5%, driven by sales and healthy position growth [6][21] - Capital markets revenues grew by 6%, supported by new sales and higher trading volumes, with a notable contribution from digital asset revenues [11][23] - Wealth and investment management revenues surged by 22%, bolstered by organic growth and the acquisition of SIS [15][21] Market Data and Key Metrics Changes - Total equity position growth was 12%, with managed accounts driving this increase [7][25] - Fund position growth was 2%, impacted by the timing of communications, but mid-single-digit growth is expected for the full year [6][25] - Trade volumes rose by 17% for the quarter, indicating strong market activity [26] Company Strategy and Development Direction - Broadridge is focused on democratizing and digitizing investing, simplifying trading, and modernizing wealth management [5][16] - The company is investing in new governance solutions, expanding tokenization capabilities, and pursuing value-added acquisitions [5][16] - Tokenization is viewed as a mega trend over the next decade, with potential benefits across various asset classes [12][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the higher end of the 5%-7% recurring revenue growth range and reaffirmed guidance for 8%-12% adjusted EPS growth [5][20] - The positive economic backdrop and healthy capital markets are expected to support continued growth [4][5] - Management highlighted the importance of innovation in driving long-term growth and position expansion [16][69] Other Important Information - Broadridge completed two tuck-in acquisitions in the first quarter for a total of $56 million and repurchased $150 million of its shares [19][30] - The company recognized $4 million in digital asset revenues and recorded a $46 million unrealized gain on its digital asset holdings [20][29] Q&A Session Summary Question: Recurring revenue outlook and EPS guidance - Management explained that the recurring revenue guidance increase is primarily driven by acquisitions, offsetting lower interest rates, and strong underlying business performance [36][38] Question: Impact of government shutdown on sales cycles - Management indicated that there has been no slowdown in client conversations or deal closures due to the government shutdown, maintaining a stable selling environment [50][52] Question: Role of digital assets and tokenization in the business - Management views digital assets and tokenization as a significant opportunity, with plans to drive tokenization across various asset classes [54][56] Question: Position growth trends - Management reported strong position growth, particularly in equity positions driven by managed accounts and direct indexing [67][69] Question: Canton Network and super validator status - Management clarified that the super validator role is separate from the distributed ledger repo platform and that payments for this role are commonly made in coins [72][74]

Financial Data and Key Metrics Changes - Broadridge reported strong first-quarter results with 8% recurring revenue growth on a constant currency basis and a 51% increase in Adjusted EPS to $1.51 [5][21][28] - Total revenue increased by 12% to $1.6 billion, driven by recurring revenue growth and higher event-driven revenue [27][28] - Adjusted operating income margin expanded by 280 basis points to 15.8% [28] Business Line Data and Key Metrics Changes - Governance business revenues rose 5%, driven by sales and healthy position growth, with total equity position growth at 12% [6][21][24] - Capital markets revenues grew 6%, supported by new sales and higher trading volumes, with digital asset revenues contributing $4 million [11][23][24] - Wealth and investment management revenues grew 22%, driven by solid organic growth and the acquisition of SIS [15][24] Market Data and Key Metrics Changes - Investor participation trends remain healthy across equities and funds, with equity position growth at 12% and fund position growth at 2% [7][24] - Trade volumes rose 17% for the quarter, driven by double-digit growth in both equity and fixed income volumes [25][82] Company Strategy and Development Direction - Broadridge is focused on democratizing and digitizing investing, simplifying trading, and modernizing wealth management [5][16] - The company is investing in new governance solutions, expanding tokenization capabilities, and making value-added acquisitions [5][16] - Tokenization is viewed as a mega trend over the next 10 years, with potential benefits in various asset classes [12][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the higher end of the 5%-7% recurring revenue growth range and reaffirmed guidance for 8%-12% Adjusted EPS growth [6][20][32] - The positive economic backdrop, strong equity markets, and a pro-innovation regulatory environment are seen as beneficial for Broadridge's growth [4][5] Other Important Information - Broadridge completed two tuck-in acquisitions in the first quarter for a total of $56 million and repurchased $150 million of its shares [19][30] - The company recorded a $46 million unrealized gain on digital asset holdings, which was excluded from Adjusted EPS calculations [20][29] Q&A Session Summary Question: Recurring revenue outlook and EPS guidance - Management explained that the recurring revenue guidance was raised due to acquisitions and strong underlying business performance, while EPS growth is expected to be 8%-12% [36][38][39] Question: Impact of government shutdown on sales cycles - Management indicated that there has been no slowdown in client conversations or deal closures due to the government shutdown, maintaining a stable selling environment [50][52] Question: Role of digital assets and tokenization - Management sees digital assets and tokenization as a megatrend, with plans to drive tokenization across various asset classes and integrate digital assets into wealth management [54][56][57] Question: Position growth trends - Management reported strong position growth, particularly in equity positions, driven by managed accounts and direct indexing [67][69] Question: Canton Network and super validator status - Management clarified that the super validator role is separate from the Distributed Ledger Repo platform and that payments for this role are commonly made in coins [72][74]

RT Nick Ducoff (@nickducoff)Hosting a sesh today in nyc with leading @solana DATs, the Presidents of Bitwise and Grayscale, and tokenization pros from Galaxy, Superstate, and FigureWhat questions do you have for them?cc @chloejiani my cohost with the most ...

Financial Data and Key Metrics Changes - Broadridge reported strong first-quarter results with an 8% growth in recurring revenue on a constant currency basis and a 51% increase in adjusted EPS [5][22][29] - Total revenue increased by 12% to $1.6 billion, driven by recurring revenue growth and higher event-driven revenue [27][29] - Adjusted operating income margin expanded by 280 basis points to 15.8% [29] Business Line Data and Key Metrics Changes - Governance business revenues rose by 5%, driven by sales and healthy position growth [6][22] - Capital markets revenues grew by 6%, supported by new sales and higher trading volumes [12][24] - Wealth and investment management revenues surged by 22%, aided by solid organic growth and the acquisition of SIS [16][25] Market Data and Key Metrics Changes - Total equity position growth was 12%, with managed accounts driving this increase [7][26] - Fund position growth was 2%, impacted by the timing of communications, but mid-single-digit growth is expected for the full year [6][26] - Trade volumes rose by 17% for the quarter, indicating strong activity in both equity and fixed income markets [26] Company Strategy and Development Direction - Broadridge is focused on democratizing and digitizing investing, simplifying trading, and modernizing wealth management [5][18] - The company is investing in new governance solutions, expanding tokenization capabilities, and pursuing value-added acquisitions [5][18] - Tokenization is viewed as a mega trend over the next decade, with potential benefits across various asset classes [13][19] Management Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the higher end of the 5%-7% recurring revenue growth range and reaffirmed guidance for 8%-12% adjusted EPS growth [5][21][33] - The positive economic backdrop and healthy capital markets are expected to support continued growth [4][5] - Management highlighted the importance of innovation in driving long-term growth and position expansion [18][45] Other Important Information - Broadridge completed two tuck-in acquisitions in the first quarter to strengthen its governance business [11][20] - The company recorded a $46 million unrealized gain on digital asset holdings, which was excluded from adjusted EPS calculations [21][30] - Free cash flow generated in the first quarter was $13 million, with expectations of over 100% free cash flow conversion for fiscal 2026 [31] Q&A Session Summary Question: Recurring revenue outlook and EPS guidance - Management explained that the recurring revenue guidance was raised due to acquisitions and strong underlying business performance, while EPS growth is expected to remain within the 8%-12% range due to various factors [35][37] Question: Impact of government shutdown on sales cycles - Management indicated that there has been no slowdown in client conversations or deal closures due to the government shutdown, maintaining a stable selling environment [42] Question: Role of digital assets and tokenization in the business - Management sees digital assets and tokenization as a significant opportunity, with plans to drive tokenization across various asset classes [45][46] Question: Position growth trends - Management reported strong position growth in equities and funds, with expectations for continued strength throughout the year [50][51] Question: Impact of Canton Coins on revenue and GAAP volatility - Management acknowledged potential GAAP volatility from Canton Coin holdings but emphasized the company's focus on operational activities rather than investment [40][53]

Financial Data and Key Metrics Changes - Broadridge reported an 8% growth in recurring revenue on a constant currency basis and a 51% increase in adjusted EPS [6][27] - Adjusted operating income margin expanded by 280 basis points to 15.8% [27][37] - Total revenue increased by 12% to $1.6 billion, driven by recurring revenue growth and higher event-driven revenue [35][27] Business Line Data and Key Metrics Changes - Governance revenues rose by 5%, driven by sales and healthy position growth [8][28] - Capital markets revenues grew by 6%, supported by new sales and higher trading volumes [14][30] - Wealth and Investment Management revenues surged by 22%, attributed to solid organic growth and the SIS acquisition [19][31] Market Data and Key Metrics Changes - Total equity position growth was 12%, with managed accounts driving this increase [9][32] - Fund position growth was 2%, impacted by the timing of communications, but mid-single-digit growth is expected for the full year [8][32] - Trade volumes rose by 17% for the quarter, indicating strong demand in both equity and fixed income markets [32][93] Company Strategy and Development Direction - Broadridge is focused on democratizing and digitizing investing, simplifying trading, and modernizing wealth management [6][22] - The company is investing in new governance solutions, expanding tokenization capabilities, and pursuing value-added acquisitions [5][6] - Tokenization is viewed as a megatrend that will drive long-term growth and democratization in financial services [17][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving the higher end of the 5% to 7% recurring revenue growth range and reaffirmed guidance for 8% to 12% adjusted EPS growth [7][26] - The positive economic backdrop and healthy capital markets are benefiting financial services clients [4][5] - Management highlighted the importance of innovation in driving long-term position growth and adapting to market changes [78][66] Other Important Information - Broadridge repurchased $150 million of its shares and completed two tuck-in acquisitions totaling $56 million [25][40] - The company recorded a $46 million unrealized gain on digital asset holdings, which was excluded from adjusted EPS calculations [27][38] - The Canton network is expected to serve as an operating system for tokenized institutional markets, with Broadridge contributing to its development [18][66] Q&A Session Summary Question: Recurring revenue outlook and EPS guidance - Management explained that the recurring revenue guidance increase is primarily driven by acquisitions and strong underlying business performance, while EPS guidance remains conservative due to expected normalization of event-driven revenue [46][50] Question: Impact of government shutdown on sales cycles - Management indicated that there has been no slowdown in client conversations or deal closures due to the government shutdown, maintaining a stable selling environment [60][62] Question: Role of digital assets and tokenization in business - Management views digital assets and tokenization as a significant opportunity, with plans to integrate these innovations across various asset classes [64][66] Question: Position growth trends - Management reported strong position growth in equities and funds, with direct indexing driving managed account growth [75][78] Question: Canton network and super validator role - Management clarified that the super validator role is separate from the distributed ledger repo platform, and payments for this role are commonly made in coins [80][82]

Broadridge disclaims any obligation to update or revise forward-looking statements that may be made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events, other than as required by law. Powering and transforming financial markets Earnings Conference Call Fiscal First Quarter 2026 November 4, 2025 Forward-Looking Statements This presentation and other written or oral statements made from time to time by representatives of Broadridge Financial S ...

🚨JUST IN: @TRADEWEB PARTNERS WITH @CHAINLINK TO BRING U.S. TREASURY DATA ONCHAIN VIA DATALINK, ADVANCING INSTITUTIONAL TOKENIZATION EFFORTS ...

Tradeweb & Chainlink Collaboration - Tradeweb 与 Chainlink 合作，首次将其美国国债数据发布在链上，通过 DataLink 实现 [1] - Tradeweb 是全球领先的电子市场之一，机构投资者使用该平台，提供超过 50 种产品，遍布全球 85 多个国家，平均每日交易量达 2.4 万亿美元 [1] - Tradeweb 连接了 3000 多个客户，形成了一个由全球最大的银行、资产管理公司、对冲基金、保险公司、财富管理公司和零售客户组成的全球网络 [1] DataLink & Onchain Applications - DataLink 正在向 Chainlink 生态系统中 60 多个公共和私有区块链上的 2000 多个链上应用提供 Tradeweb 的 FTSE 美国国债基准收盘价 [2] - DataLink 推动了由老牌机构和链上创新者发起的新一轮 Token 化浪潮 [2] - DataLink 将基础机构用例引入区块链经济，同时使链上应用能够更快地启动新资产和市场 [4] Tokenization & Market Modernization - Token 化代表了当今市场中增长最快的机会之一，与 Chainlink 的合作是利用区块链应用实现传统金融市场现代化进程中的重要一步 [3] - 通过将 Tradeweb FTSE 美国国债基准收盘价发布在链上，旨在为全球金融生态系统释放新的创新机会和全天候访问 [3] - DataLink 利用 Chainlink 基础设施，使提供商能够无缝地在链上分发和商业化其数据，同时保留完全控制权，并消除构建和维护区块链基础设施的需求 [3]

Key Achievements - UBS successfully completed the world's first in-production, end-to-end tokenized fund workflow leveraging the Chainlink Digital Transfer Agent (DTA) technical standard [1] - The live transaction proves how fund operations can be seamlessly automated onchain for increased efficiency and utility gains [2] Companies & Assets - UBS, one of the world's largest private banks, manages over $6 trillion in Assets Under Management (AUM) [1] - DigiFT functioned as the onchain fund distributor and leveraged the DTA standard [2] Technology & Standards - The Chainlink DTA technical standard was leveraged to complete the first-ever subscription and redemption request of a tokenized fund [1] - The new end-to-end tokenized fund workflow covers every stage of the fund lifecycle [3] - Chainlink platform capabilities include Chainlink Runtime Environment (CRE), Cross-Chain Interoperability Protocol (CCIP), Automated Compliance Engine (ACE), and NAVLink [3][4]

As we are gearing up for next week's @sgfintechfest, we look forward to sharing the stage with @PIMCO, @DeutscheBank, @Memento_Bc and presenting how Prividiums are solving both for Privacy and Interoperability enabling financial institutions to come onchain.Memento (@Memento_Bc):Excited to join @PIMCO, @zksync and Mindful Wealth on the "Tokenization & the Future of Asset Management" panel, moderated by @DeutscheBank and organized by the SFA!We'll share our experience bringing TradFi RWA funds onchain and di ...