Broadridge and Pitney Bowes Announce Financial Services Industry
Support for Volly™
LAKE SUCCESS, N.Y.,
Oct. 23, 2012 /PRNewswire/
-- Broadridge Financial Solutions, Inc. (NYSE: BR) and
Pitney Bowes Inc. (NYSE: PBI) announced today that Morgan
Stanley Wealth Management and UBS Financial Services have each
indicated their support for the Volly secure digital delivery
system from Pitney Bowes.
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These financial services firms plan on utilizing the Broadridge
FluentSM service, which enables communication through
the channels of their customers' choosing and also facilitates the
distribution of communications through the Volly service.
Within this platform, Broadridge has developed services and
applications that build upon the core Volly platform to deliver an
enhanced communications experience. The Broadridge Fluent
service addresses additional requirements required by the financial
services industry, including preference and consent management,
content and compliance management, insight analytics, and audit
tracking.
Using the Volly secure digital delivery service, consumers will
be able to receive, view, organize, manage, pay and store bills,
statements and other content from the companies with which they do
business. The Volly service consolidates information from multiple
providers, reducing the consumer's need to visit multiple websites.
The Volly service is free to consumers and provides companies the
opportunity to dramatically reduce their costs while increasing
consumer engagement with their brands.
The Volly secure digital delivery service was announced to
mailers in the United States in
early 2011. Since then, more than 50 large mailers in the U.S. have
signed up to offer the service, representing thousands of consumer
brands and billions of pieces of mail. Australia Post has also
selected the Volly system as the technology platform for its
digital mailbox service.
Doug DeSchutter, President, U. S.
Regulatory and Digital Communications, Broadridge, said, "Our
clients recognize that there are more ways than ever to communicate
with their customers, and they are pursuing innovative,
technology-driven solutions to efficiently and effectively enhance
their customer relationships. The Broadridge Fluent service
enables financial services firms to provide choice to their
customer in terms of how and where to receive information, while
simultaneously allowing these firms to control the experience and
branding through a secure platform specifically designed for the
financial services industry."
Chuck Cordray, President of
Pitney Bowes Volly, echoed this sentiment: "We are very pleased to
see that these large, prestigious financial services firms
recognize the value of the Pitney Bowes and Broadridge
collaboration. The unique assets that we bring to the financial
services industry will accelerate consumer adoption of digital
delivery for even the most sensitive financial documents. We look
forward to launching Volly to consumers and including the important
digital content these blue-chip companies provide to their
clients."
About Broadridge
Broadridge is a technology services
company focused on global capital markets. Broadridge is the market
leader enabling secure and accurate processing of information for
communications and securities transactions among issuers, investors
and financial intermediaries. Broadridge builds the infrastructure
that underpins proxy services for over 90% of public companies and
mutual funds in North America,
processes more than $4.5 trillion in
fixed income and equity trades per day, and saves companies
billions annually through its technology solutions.
For more information about Broadridge, please visit
www.broadridge.com.
About Pitney Bowes
Delivering more than 90 years of
invention, Pitney Bowes provides business communications
software, mailing systems and services that
integrate physical and digital communications channels. Long known
for making its customers more productive, Pitney Bowes is
increasingly helping other companies grow their business through
advanced customer communications management. Pitney Bowes is a
$5.3 billion company with 29,000
employees worldwide.
Pitney Bowes: Every connection is a new
opportunity™. www.pb.com
Media Contacts
Kelly M. Howard
Broadridge
+1-212-981-1347
kelly.howard@broadridge.com
Lolita Verny-Acosta
Pitney Bowes
+1-203-351-6861
Lolita.Vernyacosta@pb.com
SOURCE Broadridge Financial Solutions, Inc.