Broadridge Financial Solutions

299 results about this entity

Period: 05 May 2005 - 15 Oct 2024

IT spending on reconciliation and exception management set to soar - Celent

Global IT spending on reconciliation exception management will hit $700 million this year, with around half of this making its way to third party software vendors, according to research house Celent.

Broadridge buys City Networks

Broadridge Financial Solutions has acquired City Networks, a long-standing UK-based provider of reconciliation, multi-asset process automation and operational risk management software and services to the finance industry. Financial terms were not disclosed.

Penson buys Broadridge clearing contracts; outsources tech services

Penson Worldwide has entered into a deal to buy the clearing contracts of Broadridge Financial Solutions' Ridge business for up to $70 million and then outsource some technology and processing services to the seller.

Instinet Europe implements Broadridge back office ASP

Instinet Europe has signed for outsourcing provider Broadridge Financial Solutions' international securities processing system, Gloss.

Fundtech Q3 earnings hit by Lehman-related charge

US financial technology vendor Fundtech says it will record a charge in the third quarter of up to $600,000 relating to the bankruptcy of Lehman Brothers.

Broadridge seeks counterparties for XML-based proxy voting messages

Outsourcing provider Broadridge has registered its newly developed XML-based messaging service for proxy voting with Swift so that it can be used over the co-operative's SwiftNet channel.

HP acquisition plans benefit Mphasis

HP's planned acquisition of EDS drove shares in Indian outsourcing specialist Mphasis up 18.84% last week. The firm, 62% owned by EDS, led the gainers in a strong week for the Finextra 50 Financial Technology Index, which closed up four per cent to 88.69. i-Flex and Broadridge also saw significant rises while Thomson Reuters shares experienced their biggest one-week gain since the merger completed. S1, Microgen and Bravura were the only companies to buck the trend last week and record significant share price falls.

Finextra50 up slightly: Fidessa leads risers, Bravura top faller

The Finextra50 Financial Technology Index was up .97% to 85.84 as worldwide markets experienced their most stable week this year. Strong earnings and outlook statements saw Fidessa and Computershare lead the gainers, while Bravura pared back recent gains and Broadridge dipped on flat year-on-year growth for its last quarter.

Broadridge scores first corporate client for Swift Service Bureau

European lifestyle brand Villeroy and Boch has become the first corporate to sign up to the Swift Service Bureau offered by outsourcing provider Broadridge, formerly known as ADP Brokerage Services Group.

Cameron Stockbrokers live with Broadridge's Summit

Australia's Cameron Stockbrokers has implemented the Summit broker client accounting system from Broadridge Financial Solutions to automate its equities brokerage processing operations.

Linedata, Broadridge and Orc lead Finextra50 down 1.3%

The Finextra50 Financial Technology Index finished last week down at 94.11, as losers far outnumbered gainers.

Turbulent markets drag Finextra50 down to 96.02

The Finextra50 Financial Technology Index fell 1.54% last week as investors' concerns that defaults on US subprime mortgages could spread to various other kinds of debt affected stock markets worldwide. Bank stocks and companies viewed as exposed to the sector were particularly hard hit. However, several US companies in the index posted strong gains, including Jack Henry and Online Resources.