Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has formed an alliance with DeltaConcept sàrl.
DeltaConcept, a global provider of integrated portfolio management solutions for financial institutions, and Broadridge have launched a Switzerland-based strategic alliance to offer a front-to-back integrated solution for private banks.
The alliance enables Broadridge to offer enhanced portfolio management functionality to private banks and asset managers. DeltaConcept's Equalizer, a front office portfolio management software service, is hosted by Broadridge's Swiss data centre and is available on an ASP basis. It enhances the CRM and advisory capabilities of Broadridge's STB2 private banking ASP service through the addition of comprehensive portfolio management, and includes detailed performance analysis and valuations, portfolio modelling, rebalancing, decision support, and analysis.
Broadridge's STB2 Bureau is a Switzerland-based international outsourcing solution for private banking and asset management operations. It provides comprehensive coverage of front- and back-office operational and reporting requirements.
Manuel Gonzalez, Managing Director, Broadridge, Switzerland, said, "We are committed to providing our customers and prospects with services and solutions that are complementary, fully integrated, and operational. Our clients benefit from the ability to outsource a more comprehensive range of their processing requirements through a single supplier."
"We're delighted to have formed an alliance with Broadridge's Switzerland-based operation," said Pierre-Yves Sacchi, Managing Director, DeltaConcept. "Broadridge stands out as a leading outsourcing provider with an exceptional focus on the quality of its support services," he continued.