NEW
YORK and LONDON and
SINGAPORE, July 10,
2024 /PRNewswire/ -- Global Fintech leader
Broadridge Financial Solutions, Inc. (NYSE:BR), today announced it
has been awarded the highest ranking of 'Luminary' for its BRx
Match solution from Celent, a leading research and advisory
firm, in its latest report on reconciliation systems.
The report, Reconciliation Systems: Solutions For Capital
Markets Firms, profiles eighteen reconciliation solution providers
evaluated across functionality, customer bases, technology,
implementation, pricing, and support. Celent defines its 'Luminary'
designation as excelling in solution capabilities and for having a
leading market presence.
"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 the power of an enterprise reconciliation solution into the
hands of business-users, BRx Match is Broadridge's all-in-one
cloud-based reconciliation platform that automates the entire
reconciliation process, resulting in improved efficiency,
transparency and accuracy, while reducing risk and total cost of
ownership. Business users can design, build, test, modify, and
deploy their own reconciliations with an easy-to-use self-build
capability.
"The increasing investment in complex securities is driving the
need for more sophisticated reconciliation tools," said
Dayle Scher, Research Principal at
Celent. "Fortunately, the emergence of modern technologies
is transforming the reconciliation process and enabling capital
markets firms to adopt a single solution that will meet all their
needs, automating the reconciliation of any data sources and
minimizing exposure to exception management delays. A huge
congratulations to Broadridge for being named as a Luminary vendor
in our latest report."
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with over $6 billion in
revenues, provides the critical infrastructure that powers
investing, corporate governance, and communications to enable
better financial lives. We deliver technology-driven solutions that
drive business transformation for banks, broker-dealers, asset and
wealth managers and public companies. Broadridge's infrastructure
serves as a global communications hub enabling corporate governance
by linking thousands of public companies and mutual funds to tens
of millions of individual and institutional investors around the
world. Our technology and operations platforms underpin the daily
trading of more than $10 trillion of
equities, fixed income and other securities globally. A certified
Great Place to Work®, Broadridge is part of the S&P
500® Index, employing over 14,000 associates in 21
countries.
For more information about us, please
visit www.broadridge.com.
About Celent
Celent is a research and advisory firm dedicated to helping
financial institutions formulate comprehensive business and
technology strategies. Celent publishes reports identifying trends
and best practices in financial services technology and conducts
consulting engagements for financial institutions looking to use
technology to enhance existing business processes or launch new
business strategies. With a team of internationally experienced
analysts, Celent is uniquely positioned to offer strategic advice
and market insights on a global basis. Celent is a division of the
Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh
McLennan.
For more information, visit www.celent.com.
CONTACT:
Gregg Rosenberg
Gregg.Rosenberg@broadridge.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/broadridge-named-a-luminary-in-reconciliation-systems-by-celent-302193596.html
SOURCE Broadridge Financial Solutions, Inc.