Broadridge and Pitney Bowes Announce Financial Services Industry Support for Volly™
October 23 2012 - 8:30AM
Business Wire
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.
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
fifty 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
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