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Broadridge Financial Solutions, Inc. is a US servicing company for the financial industry founded in 2007 as a spin-off from Automatic Data Processing (ADP). The main fields of work are in securities processing, clearing and investor communication. The main business of Broadridge is electronic proxy voting.
Video Broadridge Financial Solutions
History
The company was established in 2007 as a spin off from Automatic Data Processing (ADP).
Milestones
- In 2010, Broadridge Financial Solutions acquired NewRiver, Inc., an innovator in Electronic Investor Disclosure
- In 2011, it acquired Matrix Financial Solutions, a provider of retirement products for third party administrators and other financial professionals.
- Also in 2011, Broadridge Financial Solutions acquired Paladyne Systems, Inc., a provider of investment management solutions.
- In 2016, Broadridge Financial Solutions acquired DST's North American Customer Communications Business.
- Also in 2016, the company acquired M&O Systems, Inc., an advisor to wealth management firms, for $25 million in cash.
- In 2017, the company acquired institutional Spence Johnson for an undisclosed sum.
Maps Broadridge Financial Solutions
See also
- List of companies in the United States
- List of S&P 400 companies
- Software industry in Telangana
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References
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External links
- Official website
- XBRLInternational
Source of the article : Wikipedia