LAKE SUCCESS, N.Y.,
March 22, 2016 /PRNewswire/ --
Broadridge Financial Solutions, Inc. (NYSE: BR) today announced
that it has enhanced its Managed Data Service offering with the
addition of several professionals with extensive experience in data
management software.
Robert Revesz has been named
Senior Director, with a focus on reference data client services and
implementations. He joins Nathan
Wolaver, Michael Sunwoo and
Tim Versteeg, all of whom have
joined the firm recently from Asset Control and are focused on
strengthening the Managed Data Service solution. Revesz will be
instrumental in helping to deliver the enterprise benefits of a
managed reference data service across Broadridge's global client
base. He is based in New York.
"Banks have started to better understand the expense of data
infrastructure and the cost of poor data quality across the
enterprise, which makes the economics of a managed data service
quite compelling," said Bennett
Egeth, president of Broadridge Investment Management,
Reference Data and Risk Solutions. "Broadridge has the technology
solutions and Managed Service experience to help firms drive down
cost, deliver enhanced service levels and demonstrate significant
improvements in data quality."
The Managed Data Service combines technology and human capital
in a flexible delivery model, and is a logical extension of
Broadridge's Post-Trade Managed Service offering, which currently
serves 28 clients. The Managed Data Service helps firms
significantly improve enterprise reference data quality and
decrease technology and operational cost of ownership on a single,
customizable, multi-tenant platform. The offering enables clients
to leverage significant scale and cost efficiencies to gain
competitive differentiation, under a mature and proven governance
model.
Revesz spent the last 15 years at Asset Control, most recently
as Vice President, services director, Americas. He brings extensive
expertise around complicated data management projects and a strong
track record of successful implementations. He has deep knowledge
of the industry and its integration challenges and solutions on a
global scale.
"We're growing our Managed Data Service team at a critical time
for banks, broker-dealers and asset managers as they look to
mutualize their reference data capabilities and re-orient to a
managed service model," said Charlie
Marchesani, president, Global Technology and Operations at
Broadridge.
"The managed data model provides compelling value to large banks
and asset managers based on the opportunity to mutualize
capabilities and best practices across firms to bring significant
scale and efficiencies."
Broadridge was recognized recently for "Best Managed Service for
Reference Data" at the 2015 Inside Reference Data Awards for the
third consecutive year.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE: BR) is the leading
provider of investor communications and technology-driven solutions
for broker-dealers, banks, mutual funds and corporate issuers
globally. Broadridge's investor communications, securities
processing and managed services solutions help clients reduce their
capital investments in operations infrastructure, allowing them to
increase their focus on core business activities. With over 50
years of experience, Broadridge's infrastructure underpins proxy
voting services for over 90% of public companies and mutual funds
in North America, and processes on average $5
trillion in equity and fixed income trades per day. Broadridge
employs approximately 7,400 full-time associates in 14 countries.
For more information about Broadridge, please
visit www.broadridge.com.
Media Contacts:
Kate
McGann
+1-212-981-1395
katherine.mcgann@broadridge.com
Brett Philbin
+1-212-704-8263
brett.philbin@edelman.com
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SOURCE Broadridge Financial Solutions, Inc.