NEW
YORK, Jan. 26, 2023 /PRNewswire/ -- Amid an
environment where asset management firms are increasingly
collaborating with digital platforms to help efficiently launch new
product offerings and de-risk entry into new markets, FLX Networks,
which modernizes, simplifies, and drives engagement between asset
managers and financial advisors, has partnered with global Fintech
leader Broadridge Financial Solutions, Inc. (NYSE: BR) as a
preferred data and analytics provider to asset management
firms.
"Broadridge's analytics capabilities add powerful insights to
guide targeted distribution and product strategies, allowing FLX to
deliver a comprehensive data and analytics-enabled offering," said
Brian Moran, FLX founder and CEO.
"These powerful and efficient tools will help FLX support asset
managers as they expand and grow."
Asset managers utilize FLX Networks to modularly implement a
complementary turnkey distribution solution. Some leverage only
data, digital, and technology capabilities, while others may
require more hands-on engagement from personnel available through a
shared client engagement team (wholesale, national accounts, and
marketing). With each scenario, FLX will utilize Broadridge
analytics and insights offerings to power the distribution services
that FLX provides to asset managers. Broadridge's leading sales
analytics, market analytics and Global Market Intelligence (GMI)
products will also be available to clients on the FLX platform to
provide market and product analysis to drive more efficient
distribution strategies.
"Embedding Broadridge's data and analytics solutions into FLX's
suite of distribution capabilities creates a powerful engine for
asset managers to grow their assets, mutualize middle-office
distribution costs, and defray fixed investments required to launch
new strategies," said Dan Cwenar,
head of Broadridge Data and Analytics. "FLX has demonstrated its
ability to grow clients' assets, and we are excited to partner with
FLX to support and accelerate that growth."
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with more than $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 that drive
business transformation for 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. Our technology and operations platforms underpin the daily
trading of more than U.S. $9 trillion
of equities, fixed income and other securities globally. A
certified Great Place to Work®, Broadridge is part of
the S&P 500® Index, employing over 14,000
associates in 21 countries.
For more information about us and what we can do for you, please
visit www.broadridge.com.
About FLX Networks
FLX Networks revolutionizes engagement for asset and wealth
management firms and financial advisors. FLX community members
access thought leadership, investment ideas, business resources,
and industry connectivity in one centralized destination,
delivering productivity, savings, and growth.
To learn more, please visit www.flxnetworks.com
Media Contacts:
For Broadridge:
Matthew Luongo
Prosek Partners
+1 646-818-9279
mluongo@prosek.com
For FLX Networks:
Thomas Walek
Peaks Strategies
+ 1 917-353-7575
TWalek@PeaksStrategies.com
View original
content:https://www.prnewswire.com/news-releases/flx-networks-partners-with-broadridge-data-and-analytics-to-help-power-distribution-solutions-for-asset-managers-301731319.html
SOURCE Broadridge Financial Solutions, Inc.