Broadridge rises 7 places in rankings, again
earns recognition as a "Fast Track FinTech," and tops capital
markets and lending Real Results categories and is the overall Real
Results winner
NEW
YORK, Sept. 11, 2023 /PRNewswire/
-- Broadridge Financial Solutions, Inc. (NYSE: BR) was ranked
#3 on the 2023 IDC FinTech Rankings Top 100, rising seven spots
from its place on the 2022 list. The 2023 rankings mark the ninth
consecutive year that Broadridge has been ranked among FinTech
leaders. In addition, Broadridge was named alongside clients
The Bancorp and Société Générale as the winner of three 2023 IDC
FinTech Rankings Real Results Awards: Lending Transformation,
Capital Markets Transformation, and Overall Transformation Project
Winner. Broadridge has also been named among a select group of
companies as a "Fast Track FinTech," an accolade given only to
firms that continue to demonstrate consistent year-over-year
financial growth.
"We are honored to hold such a prominent position in IDC's
rankings. We are especially pleased to lead in three of six Real
Results categories including overall winner," said Tim Gokey, CEO of Broadridge. "The financial
industry is fiercely competitive, and our clients look to us to
help them deliver results. This recognition is testament to the
innovation and collaboration Broadridge is driving with our clients
as we help them address important new challenges."
The Fortune 500-style ranking categorizes and evaluates the top
global providers of financial technology. Rankings are based on
calendar year revenues from financial institutions for hardware,
software and/or services. The providers supply the technological
backbone of the financial services industry, which IDC forecasts
will spend $590 billion (USD) on IT
by 2025. To view the list in its entirety, please visit
http://www.idc-fi.com.
"IDC has been producing the IDC FinTech Rankings for twenty
years and has expanded the program to now include the top 150
solutions providers to ensure we get the most accurate
representation of the largest FinTechs in the world," said
Marc DeCastro, research director at
IDC. "The technology companies on this list provide the innovation
necessary to keep the financial services at the forefront of
providing modern digital experiences across all aspects of a
customer's financial journey."
The IDC FinTech Rankings Real Results program is part of the
broader IDC FinTech Rankings program, which recognizes IT providers
that have enabled a genuine, measurable, and future-enabling change
at a client financial institution. Broadridge has been recognized
as a winner in the Real Results Lending Transformation category
alongside its client, The Bancorp, for its application of machine
learning in Broadridge's Securities Based Lending solution.
Broadridge has also won in the Capital Markets Transformation
category alongside its client, Société Générale, for its
application of Broadridge's Distributed Ledger Repo solution.
Broadridge and The Bancorp are the winners of the Overall
Transformation Project, which is reserved for the case study that
earned the highest scores across all those evaluated.
To thrive in a digital economy, financial services organizations
must embrace and integrate innovative technologies effectively to
enhance the customer experience and achieve operational excellence.
Broadridge and the companies featured on the IDC FinTech Rankings
represent providers that are committed to helping financial
institutions successfully execute their digital transformation
initiatives, better serving their global customers.
Broadridge provides technology-driven solutions to banks,
broker-dealers, portfolio managers, and public companies. The
company's infrastructure serves as a global communications hub for
thousands of mutual funds and millions of institutional
investors.
For more information about the IDC rankings,
visit http://www.idc-fi.com and follow them on Twitter
@IDC and look for #IDCFinTechRankings.
About Broadridge
Broadridge Financial Solutions (NYSE: BR), a global Fintech
leader with over $6
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 $10 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.
Contacts:
Investors:
W. Edings Thibault
Investor Relations
+ 1 516-472-5129
Edings.thibault@broadridge.com
Media:
Gregg
Rosenberg
Corporate Communications
+1 212-918-6966
Gregg.rosenberg@broadridge.com
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SOURCE Broadridge Financial Solutions, Inc.