NEW YORK, Dec. 14, 2020 /PRNewswire/ -- Broadridge
Financial Solutions, Inc. (NYSE:BR), a global Fintech leader,
today announced that Art Certosimo
has been appointed Chairman of the Board for LTX, a Broadridge
company offering a new AI-driven digital trading platform for
corporate bonds. Mr. Certosimo is a non-executive Chairman and will
continue in his role as a senior advisor to the executive team at
Broadridge Financial Solutions.
"I'm delighted to be appointed LTX Chairman to help improve
liquidity and efficiency in the markets that I have been closely
involved with for many years," said Mr. Certosimo. "Given
Broadridge's position in fixed income post-trade processing and
LTX's innovative approach to using powerful AI, I look forward to
working with this talented team to take the bond market to the next
level."
"Art is a recognized leader in the financial services industry
with decades of experience driving major transformational
initiatives and has been a huge asset as an advisor to Broadridge
and the LTX team," said Chris Perry,
Broadridge President. "In his new role, Art will help set LTX's
strategic direction as we continue building a critical mass of
buy-side and sell-side firms to improve liquidity and efficiency in
the corporate bond market."
Mr. Certosimo brings over 35 years of international banking and
capital markets experience to the team. He previously worked at BNY
Mellon as Chief Executive Officer of Global Markets, leading the
company's foreign exchange, capital markets and derivatives trading
businesses worldwide. Prior to this role, he served as Chief
Executive Officer of the Alternative, Broker-Dealer and Treasury
Clearance Groups, where he played a major role in the 2001 9/11
recovery and the 2008 credit crisis. Before joining BNY Mellon in
1998, Mr. Certosimo served as principal of Morgan Stanley Asset
Management. Prior to this, he was Vice President of the Chase
Manhattan Bank's Global Investor Services group. He has served on a
number of boards and committees dedicated to the financial services
industry.
Vijay Mayadas, co-founder and
former LTX Chairman, will take on the role of LTX Vice Chairman, in
addition to his recent appointment at Broadridge as President of
Capital Markets. Mr. Certosimo and Mr. Mayadas will be working with
newly appointed LTX CEO and Co-Founder, Jim
Toffey, to drive this next level of evolution of the
corporate bond market.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE: BR), a $4.5 billion global Fintech leader, is a leading
provider of investor communications and technology-driven solutions
to banks, broker-dealers, asset and wealth managers and corporate
issuers. Broadridge's infrastructure underpins proxy voting
services for over 50 percent of public companies and mutual funds
globally, and processes on average more than U.S. $10 trillion in fixed income and equity
securities trades per day. Broadridge is part of the S&P 500®
Index and employs over 12,000 associates in 17 countries.
For more information about Broadridge, please visit
www.broadridge.com.
For more information about LTX, please visit
www.ltxtrading.com.
Investors:
W. Edings Thibault
Investor Relations
+ 1 516-472-5129
Edings.thibault@broadridge.com
Media:
Tina
Wadhwa
Broadridge Financial Solutions
+1
212-973-6164
tina.wadhwa@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.