About the Company
Founded in 2007, Broadridge Financial Solutions provides public corporate services. It is headquartered in Lake Success, New York and is a spinoff company under the Automatic Desk Processing, also known as ADP.
As of 2020 the company analysed and supported more than 80,000 mutual funds and ETFs and managed shareholder voting in over 90 countries around the world. In 2007, it went public under the ticker symbol BR. After eleven years in 2018, it got indexed into the S&P 500 component list.
The company offers financial services and products under three segments - capital market, asset management and wealth management. Apart from that, it also provides consulting services and corporate solutions. Broadridge has a vast range of products and services like banking book collateral management, corporate trade confirmation service, DLT repo, data control messaging and connectivity, factsheet, market analytics, intermediary fee management under its umbrella of offerings.
The company has operations in around 50 locations across the world like London, New York, Ontario, New Jersey, Hong Kong, Bangalore, Singapore, Tokyo, Dublin, Bristol, etc. As of 2017, it had a cumulative workforce of 10,000 employees across these locations. Between 2016 and 2020 the company has made three significant acquisitions of DST Systems’ North America Customer Communications unit of NACC and Spence Johnson in 2016, alongside FundsLibrary in 2020.
While it was founded in 2007, Broadridge’s history goes back to 1962 when it was the brokerage unit of ADP. Over the years, it has received several recognitions from prestigious institutions. For instance, in 2020, Fund Intelligence Group recognised it as the Best Portfolio Management Software Provider and Best Risk Management Technology. The same year it also won the Best Technology Innovation award in the Alt Credit US Awards and got recognised as one of the 100 most Sustainable Companies in America by Barron’s.;
|Organisation||Broadridge Financial Solutions Inc|
|Industry||Information Technology Services|
|HeadQuarters||Lake Success, NY|