Integrated suite of fund management products offers enhanced
advisor and investor experiences
TORONTO, Dec. 4, 2017
/CNW/ -- Broadridge Financial Solutions, Inc. (NYSE: BR)
today announced that Worldsource Financial Management Inc. and
Worldsource Securities Inc. have selected Broadridge's suite of
wealth and mutual fund management technology solutions as the
foundation of its end-to-end business process platforms.
Broadridge's integrated suite of solutions is designed to
enhance operational efficiency, mitigate risk and drive business
value across the investment lifecycle. Leveraging Broadridge's
industry-leading Dataphile platform allows investment firms and
their advisors to manage and execute business processes upstream
and downstream and across the client relationship lifecycle. The
advisor desktop modules are managed through an innovative digital
platform which includes automated client onboarding and pre- and
post-sale regulatory and marketing communications. Fully integrated
with the back office system, the desktop modules feature dynamic,
intuitive interfaces that support immediate, real-time postings,
full account history, and multiple investment funds as well as
foreign currencies. These solutions enhance efficiency and
effectiveness for advisors and support revenue growth in an
efficient and automated manner.
"Leveraging our market-leading wealth management platform,
Broadridge has developed innovative desktop solutions for advisors
that connect the upstream and downstream process, to help clients
drive better business performance," said Michael Dignam, President, Broadridge Canadian
Securities Processing Solutions. "We are focused on utilizing next
generation technology to help clients, and the industry, get ahead
of today's challenges to capitalize on what's next."
As investment and mutual fund firms look for ways to capture
growth opportunities, advisor retention efforts have become
increasingly important. By giving advisors an efficient
next-generation technology platform to support their business
strategies, firms can optimize retention and encourage revenue
growth. Partnering with Broadridge also gives investment firms the
opportunity to leverage the efficiency of a single-source vendor as
well as the service, support and experience of an industry
leader.
"Worldsource has a singular focus: to provide sophisticated and
comprehensive support to independent advisors across Canada. Broadridge's integrated solutions are
important tools that will enhance this aim," says John Hunt, President & CEO, Worldsource
Financial Management Inc. and Worldsource Securities Inc. "From an
enterprise perspective, Broadridge and Dataphile's client
onboarding, digital communications and delivery solutions are
seamlessly integrated, and we are confident this comprehensive
platform will provide notable efficiencies and scalability to our
operations."
Worldsource has built strong, strategic partnerships with
entrepreneurial advisors, planning firms and financial institutions
across Canada since 1989,
supporting both the mutual fund and securities channels. "We are an
organization built on stability and innovation, driven to provide
our advisors a vast range of resources, tools and expertise to
complement and enhance their operations," notes Hunt. "A
partnership with Broadridge further strengthens this commitment,
offering a technologically advanced environment for advisors to
conduct their business and effectively deliver superior wealth
management services to their clients."
Broadridge offers a full suite of solutions that enable
broker-dealers and their advisors to meet the increasingly diverse
and individualized needs of investors through a highly flexible,
future-ready operating platform. One third of North American Wealth
Management accounts use Broadridge's technology platform,
supporting approximately 80,000 financial advisors globally, and
servicing over 36 MFDA and IIROC firms in Canada.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE:BR), a $4 billion global fintech leader, provides
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 percent of public companies and mutual funds
in North America, and processes
more than $5 trillion in fixed income
and equity trades per day. Broadridge employs approximately 10,000
full-time associates in 16 countries. For more information about
Broadridge, please visit www.broadridge.com.
About Worldsource Financial Management
Inc.
Worldsource Financial Management Inc. is a Canadian
mutual fund dealer, offering financial planning and advisory
services through a network of independent financial advisors. The
firm is a fully owned subsidiary of Guardian Capital Group Limited.
Guardian Capital Group Limited, a diversified financial services
firm offering institutional asset management, private wealth
management, banking and financial advisory services, is a publicly
traded firm listed on the Toronto Stock Exchange (GCG; GCG.A).
For more information, please visit worldsourcefinancial.com
About Worldsource Securities Inc.
Worldsource
Securities Inc. is a full-service investment dealer and a Member of
the Investment Industry Regulatory Organization of Canada (IIROC) and CIPF (Canadian Investor
Protection Fund). The firm is a fully owned subsidiary of Guardian
Capital Group Limited. Guardian Capital Group Limited, a
diversified financial services firm offering institutional asset
management, private wealth management, banking and financial
advisory services, is a publicly traded firm listed on the Toronto
Stock Exchange (GCG; GCG.A).
For more information, please visit worldsourcesecurities.com
Investors:
W. Edings Thibault
Head of Investor Relations
+1 516-472-5129
edings.thibault@broadridge.com
Media:
Gregg Rosenberg
Corporate Communications
+1 212-918-6966
gregg.rosenberg@broadridge.com
Brett Philbin
Edelman
+1 212-704-8263
brett.philbin@edelman.com
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SOURCE Broadridge Financial Solutions, Inc.