NEW YORK, Jan. 13, 2021 /PRNewswire/ -- Enabling banks
and wealth management firms to better leverage data through
artificial intelligence (AI), Broadridge Financial Solutions,
Inc. (NYSE:BR), a global Fintech leader, has announced a
collaboration with AI company Fligoo to develop a suite of
proprietary predictive analytics software products for the wealth
management industry. These new software solutions will help
banks and wealth management firms transform their business
performance by harnessing vast amounts of data to accurately
predict the needs of each client, creating a more personalized and
customized client and investor experience.
Fligoo is an enterprise AI company that helps industry leaders
boost their business performance. Fligoo Sharp AI Enterprise Suite
software delivers exponential business value through
state-of-the-art advanced analytics, monitoring, closed-loop
feedback and decision science. The first product under development
with Broadridge will allow financial advisors to take a data-driven
approach to optimizing and enhancing their relationship with
investors, both personalizing service and delivering in a manner
and time preferred by clients. Fligoo and Broadridge anticipate
that the hyper-personalization of investor needs will increase both
client satisfaction and asset growth for the long-term across the
entire investor base.
"We're excited to leverage Broadridge's extensive wealth
management expertise, insights and data to develop software that
can create genuine innovation in the wealth management industry,"
said Lucas Olmedo, CEO of Fligoo.
"We have condensed the expertise acquired on hundreds of use cases
in multiple industries into a product that has the power to augment
the capacity/performance of advisors, firms and investors on a
daily basis."
"Investors expect advisors to understand their specific needs,
and we are creating an end-to-end practice management solution with
Fligoo that uses AI to enable financial advisors to anticipate
investor needs at every moment of the investment life cycle," said
Michael Alexander, President of
Wealth Management at Broadridge. "Together, we are creating an
entire predictive analytics suite that will enable advisors to
personalize and digitize their client engagements in a way
that will deepen and broaden relationships in a more scalable
manner."
Leveraging these next-gen technologies is part of Broadridge's
investment in The ABCDs of Innovation® - AI, blockchain, the Cloud
and digital - helping clients and the industry move markets forward
into the future. Broadridge and Fligoo plan to launch additional
AI-powered software products over the next year that deliver
insights to wealth management firms and their advisors.
About Fligoo
Fligoo is an Enterprise AI Company that helps industry leaders
boost their business performance by using AI to predict their
customers' behaviour and providing them with the products and
services they need, when and how they need them.
Fligoo Sharp Enterprise AI Suite delivers exponential business
value for enterprises around the world through state-of-the-art
advanced analytics, monitoring, closed-loop feedback, &
decision science. Fligoo Sharp AI Enterprise Suite is a
comprehensive end-to-end SaaS platform enabling the speedy
development, deployment, testing, and scaling of large AI
applications.
For more information about Fligoo, please visit
www.fligoo.com.
About Broadridge
Broadridge Financial Solutions, Inc. (NYSE: BR), a $4
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. $8 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.
Investors:
W. Edings Thibault
Head of Investor Relations, Broadridge
+1 516-472-5129
Edings.Thibault@Broadridge.com
Media:
Tina Wadhwa
Corporate Communications, Broadridge
+1 212-973-6164
Tina.wadhwa@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.