NEW YORK and LONDON, July 28,
2021 /PRNewswire/ -- To enhance its global asset
management clients' decision-making processes through data
visualization and analysis, Broadridge Financial Solutions, Inc.
(NYSE: BR), a global Fintech leader, today announced it will work
with Snowflake, the Data Cloud company, to enable clients to
seamlessly consolidate and analyze trading and portfolio data in
the cloud in a way they couldn't before.
Snowflake's integrated data platform provides customers with
data storage, processing and analytics solutions in the cloud.
Enhancing Broadridge's trading and portfolio management solution
with Snowflake technology will enable Broadridge clients to bring
together data from Broadridge, client, and third-party systems into
Snowflake's Data Cloud for analysis and direct access, and provide
a complete picture of their data for a more informed
decision-making process. This augments Broadridge's existing data
solutions that provide clients access to individualized
self-service analytics, customizable digital reports and
interactive dashboards.
"Data aggregation has continued to be a pain-point for asset
managers. There is a strong and ever-growing need to interact with
increasingly complex data sets from many sources with speed and
efficiency, and our relationship with Snowflake will help our
clients overcome these data challenges," said Eric Bernstein, President of Broadridge Asset
Management Solutions. "This is a continuation of Broadridge's data
strategy and strengthens our leadership position as a technology
partner that can empower data-driven results for the asset
management industry."
"We are excited to support Broadridge as they enable asset
management clients with a seamless data experience," said
Matt Glickman, VP of Customer
Product Strategy, Financial Services, at Snowflake. "With
Broadridge as a part of the Snowflake Data Cloud, asset managers
will be able to work more efficiently and can have their data work
harder for them, allowing for greater collaboration and better
results."
About Broadridge
Broadridge Financial Solutions
(NYSE: BR), a global Fintech leader with over $4.5 billion in revenues, provides the critical
infrastructure that powers investing, corporate governance and
communications to enable better financial lives. We deliver
technology-driven solutions to 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. In addition, Broadridge's technology and operations
platforms underpin the daily trading of on average more than U.S.
$10 trillion of equities, fixed
income and other securities globally. A certified Great Place to
Work®, Broadridge is a part of the S&P
500® Index, employing over 12,000 associates in 21
countries. For more information about us and what we can do for
you, please visit www.broadridge.com.
Media Contacts:
North
America
Matthew
Luongo
Prosek Partners
+1 646-818-9279
mluongo@prosek.com
Europe
Hannah Polson
Cognito
+44 (0) 7974244217
BroadridgeEMEA@cognitomedia.com
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SOURCE Broadridge Financial Solutions, Inc.