Latest news with #Broadridge
Yahoo
7 days ago
- Business
- Yahoo
Broadridge Partners with Novisto to Launch Advanced Sustainability Reporting Platform
On Wednesday, Broadridge Financial Solutions Inc. (NYSE:BR) partnered with Novisto to introduce an advanced sustainability data management and reporting platform for global companies. This partnership will enable organizations to meet evolving investor expectations, simplify third-party questionnaires and rating agency requests, optimize supply chain transparency, and enhance stakeholder engagement on a global scale. A professional working alone at a desk, going through corporate action services paperwork. The General Manager of Broadridge Corporate Issuer, Ryan Wade, emphasized that with focus from investors and regulators globally on sustainable business models, companies must implement effective means to capture, analyze, and report on material sustainability data. Broadridge's corporate issuer division serves over 3,400 public companies in the US alone, which provides a range of critical corporate solutions. Broadridge and Novisto together allow management teams to produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards. The need for reliable sustainability data is increasingly critical as companies navigate complex global regulations, with the IFRS Foundation reporting in November 2024 that 30 jurisdictions are on the journey to introducing ISSB Standards. Broadridge Financial Solutions Inc. (NYSE:BR) provides investor communications and technology-driven solutions for the financial services industry. While we acknowledge the potential of BR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BR and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
28-05-2025
- Business
- Finextra
Broadridge and Novisto join forces for sustainability and data management reporting
Broadridge Financial Solutions, Inc. (NYSE: BR) a global Fintech leader, has joined forces with Novisto, a pioneer of enterprise sustainability software, to introduce an advanced sustainability data management and reporting platform for companies worldwide. 0 Servicing clients in over 100 countries, Broadridge is at the forefront of empowering public companies to navigate an increasingly complex reporting landscape through advanced, scalable solutions. This strategic collaboration underscores Broadridge's commitment to delivering innovative technologies that address rising global demand for comprehensive sustainability and non-financial reporting, enabling organizations to meet evolving investor expectations, simplify third-party questionnaires and rating agency requests, optimize supply chain transparency, and enhance stakeholder engagement on a global scale. "With continued focus from investors and regulators globally on sustainable business models, it's imperative that companies implement effective means to capture, analyze, and report on material sustainability data,' said Ryan Wade, General Manager, Broadridge Corporate Issuer. "Broadridge's collaboration with Novisto empowers management teams to efficiently produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards." Broadridge's corporate issuer division serves over 3,400 public companies in the US alone, providing a broad range of critically important corporate solutions that revolve around shareholder meetings & proxy, corporate governance and sustainability, regulatory filings and disclosure, and stock transfer services. Together, Broadridge and Novisto are delivering a unique market-leading suite of solutions that creates a one-stop shop for sustainability data management, peer benchmarking, and strategic consulting. This true end-to-end offering is designed to simplify the process of collecting, analyzing, auditing, and reporting sustainability data. "We are thrilled to collaborate with Broadridge, a company celebrated for its expertise and steadfast commitment to delivering high-quality corporate issuer solutions," said Charles Assaf, CEO of Novisto. "Novisto's technological prowess in the sustainability reporting space, combined with Broadridge's trusted expertise and transformative data and technology, sets a powerful precedent for streamlining corporate reporting processes." As companies navigate the dual challenges of growth and compliance with increasingly complex global regulations, the need for reliable sustainability data is more critical than ever. In November 2024, the IFRS Foundation reported that globally, '30 jurisdictions are on the journey to introducing ISSB Standards in their legal or regulatory frameworks.' The demand for consistent and standardized reporting continues to grow worldwide, and companies need robust data management platforms to ensure they can meet the enhanced disclosure demands. Broadridge and Novisto are setting a new global benchmark in issuer solutions, ensuring companies remain at the forefront of industry innovation while adeptly meeting the evolving demands of their stakeholders.
Yahoo
28-05-2025
- Business
- Yahoo
Broadridge and Novisto Address Rising Demand for Sustainability Data Management and Reporting Platforms
Pioneering software helps companies manage risks and opportunities through effective and efficient sustainability data capture, analysis and reporting NEW YORK, May 28, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) a global Fintech leader, has joined forces with Novisto, a pioneer of enterprise sustainability software, to introduce an advanced sustainability data management and reporting platform for companies worldwide. Servicing clients in over 100 countries, Broadridge is at the forefront of empowering public companies to navigate an increasingly complex reporting landscape through advanced, scalable solutions. This strategic collaboration underscores Broadridge's commitment to delivering innovative technologies that address rising global demand for comprehensive sustainability and non-financial reporting, enabling organizations to meet evolving investor expectations, simplify third-party questionnaires and rating agency requests, optimize supply chain transparency, and enhance stakeholder engagement on a global scale. "With continued focus from investors and regulators globally on sustainable business models, it's imperative that companies implement effective means to capture, analyze, and report on material sustainability data," said Ryan Wade, General Manager, Broadridge Corporate Issuer. "Broadridge's collaboration with Novisto empowers management teams to efficiently produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards." Broadridge's corporate issuer division serves over 3,400 public companies in the US alone, providing a broad range of critically important corporate solutions that revolve around shareholder meetings & proxy, corporate governance and sustainability, regulatory filings and disclosure, and stock transfer services. Together, Broadridge and Novisto are delivering a unique market-leading suite of solutions that creates a one-stop shop for sustainability data management, peer benchmarking, and strategic consulting. This true end-to-end offering is designed to simplify the process of collecting, analyzing, auditing, and reporting sustainability data. "We are thrilled to collaborate with Broadridge, a company celebrated for its expertise and steadfast commitment to delivering high-quality corporate issuer solutions," said Charles Assaf, CEO of Novisto. "Novisto's technological prowess in the sustainability reporting space, combined with Broadridge's trusted expertise and transformative data and technology, sets a powerful precedent for streamlining corporate reporting processes." As companies navigate the dual challenges of growth and compliance with increasingly complex global regulations, the need for reliable sustainability data is more critical than ever. In November 2024, the IFRS Foundation reported that globally, "30 jurisdictions are on the journey to introducing ISSB Standards in their legal or regulatory frameworks." The demand for consistent and standardized reporting continues to grow worldwide, and companies need robust data management platforms to ensure they can meet the enhanced disclosure demands. Broadridge and Novisto are setting a new global benchmark in issuer solutions, ensuring companies remain at the forefront of industry innovation while adeptly meeting the evolving demands of their stakeholders. For more information on Broadridge's Sustainability & Corporate Governance offerings. About NovistoNovisto is the sustainability data management and reporting software of choice for global enterprises. By simplifying the process of collecting, auditing, and reporting ESG data, Novisto gives sustainability and finance teams the confidence that their disclosures are accurate and reliable. The company has been recognized by prominent industry analysts Gartner and Verdantix and is a Deloitte 2024 Technology Fast 50™ program award recipient. Founded in Montréal in 2019, Novisto is backed by Inovia, White Star Capital, Diagram Ventures, Portage, and SCOR Ventures. For more information, please visit: About BroadridgeBroadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of 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, please visit Contacts:Investors:broadridgeir@ Media: View original content to download multimedia: SOURCE Broadridge Financial Solutions, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Broadridge and Novisto Address Rising Demand for Sustainability Data Management and Reporting Platforms
Pioneering software helps companies manage risks and opportunities through effective and efficient sustainability data capture, analysis and reporting NEW YORK, May 28, 2025 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) a global Fintech leader, has joined forces with Novisto, a pioneer of enterprise sustainability software, to introduce an advanced sustainability data management and reporting platform for companies worldwide. Servicing clients in over 100 countries, Broadridge is at the forefront of empowering public companies to navigate an increasingly complex reporting landscape through advanced, scalable solutions. This strategic collaboration underscores Broadridge's commitment to delivering innovative technologies that address rising global demand for comprehensive sustainability and non-financial reporting, enabling organizations to meet evolving investor expectations, simplify third-party questionnaires and rating agency requests, optimize supply chain transparency, and enhance stakeholder engagement on a global scale. "With continued focus from investors and regulators globally on sustainable business models, it's imperative that companies implement effective means to capture, analyze, and report on material sustainability data," said Ryan Wade, General Manager, Broadridge Corporate Issuer. "Broadridge's collaboration with Novisto empowers management teams to efficiently produce high-quality and investor-ready disclosures that meet both voluntary and regulatory standards." Broadridge's corporate issuer division serves over 3,400 public companies in the US alone, providing a broad range of critically important corporate solutions that revolve around shareholder meetings & proxy, corporate governance and sustainability, regulatory filings and disclosure, and stock transfer services. Together, Broadridge and Novisto are delivering a unique market-leading suite of solutions that creates a one-stop shop for sustainability data management, peer benchmarking, and strategic consulting. This true end-to-end offering is designed to simplify the process of collecting, analyzing, auditing, and reporting sustainability data. "We are thrilled to collaborate with Broadridge, a company celebrated for its expertise and steadfast commitment to delivering high-quality corporate issuer solutions," said Charles Assaf, CEO of Novisto. "Novisto's technological prowess in the sustainability reporting space, combined with Broadridge's trusted expertise and transformative data and technology, sets a powerful precedent for streamlining corporate reporting processes." As companies navigate the dual challenges of growth and compliance with increasingly complex global regulations, the need for reliable sustainability data is more critical than ever. In November 2024, the IFRS Foundation reported that globally, "30 jurisdictions are on the journey to introducing ISSB Standards in their legal or regulatory frameworks." The demand for consistent and standardized reporting continues to grow worldwide, and companies need robust data management platforms to ensure they can meet the enhanced disclosure demands. Broadridge and Novisto are setting a new global benchmark in issuer solutions, ensuring companies remain at the forefront of industry innovation while adeptly meeting the evolving demands of their stakeholders. For more information on Broadridge's Sustainability & Corporate Governance offerings. About NovistoNovisto is the sustainability data management and reporting software of choice for global enterprises. By simplifying the process of collecting, auditing, and reporting ESG data, Novisto gives sustainability and finance teams the confidence that their disclosures are accurate and reliable. The company has been recognized by prominent industry analysts Gartner and Verdantix and is a Deloitte 2024 Technology Fast 50™ program award recipient. Founded in Montréal in 2019, Novisto is backed by Inovia, White Star Capital, Diagram Ventures, Portage, and SCOR Ventures. For more information, please visit: About BroadridgeBroadridge Financial Solutions (NYSE: BR), is a global technology leader with the trusted expertise and transformative technology to help clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences. Our technology and operations platforms process and generate over 7 billion communications per year and underpin the daily trading of more than $10 trillion of 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, please visit Contacts:Investors:broadridgeir@ Media: View original content to download multimedia: SOURCE Broadridge Financial Solutions, Inc. Sign in to access your portfolio
Finextra
21-05-2025
- Business
- Finextra
Operational Alpha: How Agentic AI Will Rewrite Securities Operations: By Vijay Mayadas
Since ChatGPT's 2022 debut, the financial services industry has keenly anticipated AI's transformative impact. That era of speculation is over; its practical application is here. Advanced Generative AI (GenAI) models, particularly when deployed through agentic workflows, are not just reshaping but fundamentally rewriting how broker-dealers, investment banks, asset managers, and custodians process and settle trades. By orchestrating complex decision-making and automating intricate tasks like dynamic inventory management through collaborative AI agents, these GenAI-powered operations solutions will actively reduce risk, slash costs, and propel markets towards a real-time future. The impact will be so profound and arrive so swiftly that early adopters of these next-gen platforms can forge a significant competitive advantage - "operational alpha." This GenAI-driven evolution couldn't be timelier. Soaring trading volumes strain legacy infrastructure, escalating operational risks. The shift to accelerated settlement and 24x7 trading compels market participants to accelerate post-trade processes, pushing towards an eventual necessity for real-time capabilities across all firms. Simultaneously, widespread capital market electronification squeezes margins. The pressure is undeniable: institutions need a next-generation operations model capable of this speed and scale, while minimizing costs and risks. Agentic AI offers a compelling answer. From Language Models to Autonomous Agent Orchestration The evolution from powerful language models to sophisticated reasoning engines (like OpenAI's o1, for instance) has paved the way for AI agents – specialized, autonomous entities designed for specific operational tasks. These agents can interpret vast, often unstructured datasets, and make context-aware decisions, often without human intervention. This leap enables AI not merely to support human operators, but to autonomously orchestrate entire operational sequences through coordinated agent activity. Think of it as a digital "special ops team'. These capabilities are fueled by rapid AI advancements and the critical creation of large, standardized datasets. Even the most sophisticated AI agents are only as effective as the data they access. Over the past decade, financial services firms and technology providers have strived to dismantle data silos, aggregating information into unified governance frameworks. At Broadridge, for instance, we've invested significantly in BRx, a global, multi-asset harmonized data ontology. This structured data becomes the bedrock upon which our OpsGPT™ platform deploys AI agents to execute complex tasks with precision. Agentic Workflows in Action: The Digital Workforce Today's GenAI platforms, architected around agentic principles, are a leap beyond previous AI tools. Instead of merely flagging issues for human intervention, the platforms will deploy teams of AI agents that act autonomously and collaboratively. Imagine a digital workforce: An Intake Agent reads and interprets an inbound email query regarding a settlement discrepancy. reads and interprets an inbound email query regarding a settlement discrepancy. A Data Retrieval Agent is dispatched to query multiple internal (and potentially external) operational systems for all relevant trade details, positions, and counterparty information. is dispatched to query multiple internal (and potentially external) operational systems for all relevant trade details, positions, and counterparty information. An Analytical Agent processes this data, identifies the root cause of the discrepancy, and determines the optimal resolution path. processes this data, identifies the root cause of the discrepancy, and determines the optimal resolution path. A Communication Agent drafts an explanatory email or SWIFT message, or even initiates a corrective transaction, based on pre-defined rules and confidence scores. drafts an explanatory email or SWIFT message, or even initiates a corrective transaction, based on pre-defined rules and confidence scores. An Orchestrator Agent oversees this entire process, ensuring tasks are routed correctly and completed efficiently, escalating to human experts only for true exceptions. This is agentic AI. In the critical area of trade fails, for example, specialized AI agents can now autonomously analyze root causes, classify fail types with high precision, and even initiate resolution protocols—often involving direct, automated communication with other internal systems or even counterparty agents. This cuts resolution cycles from days to mere minutes, paving the way to eventually both predict and prevent settlement failures proactively. Beyond Fails: Systemic Operational Alpha The applications of agentic workflows extend further, driving systemic improvements: Capital Efficiency: AI agents can proactively manage global securities inventory, almost like a digital treasurer, by identifying mismatches, recommending optimal asset transfers, and executing rebalancing actions to enhance capital utilization and reduce funding costs. AI agents can proactively manage global securities inventory, almost like a digital treasurer, by identifying mismatches, recommending optimal asset transfers, and executing rebalancing actions to enhance capital utilization and reduce funding costs. Holistic Risk & Transparency: Agentic systems can integrate and mine data from siloed platforms, presenting a unified, real-time view of operational risk and performance across the entire firm. This firm-wide transparency enhances decision-making speed and strategic execution. Agentic systems can integrate and mine data from siloed platforms, presenting a unified, real-time view of operational risk and performance across the entire firm. This firm-wide transparency enhances decision-making speed and strategic execution. Elevated Client Experience: Client interactions are upgraded through AI agents powering intuitive chat interfaces or managing automated, yet contextually relevant and personalized, email communications for inquiries and updates. Crucially, these agentic systems incorporate self-learning feedback loops. Each successfully (or unsuccessfully) executed workflow refines the agents' adaptive logic and improves the underlying models, making them progressively smarter. This means firms achieve operational alpha not by scaling headcount, but by cultivating increasingly intelligent digital workers. Firms can scale operational intelligence, not just operational capacity. The First-Mover Imperative While GenAI operations platforms with sophisticated agentic capabilities are relatively new, their power to transform securities operations is undeniable and imminent. According to Broadridge's 2025 Digital Transformation & Next-Gen Technology Study, 72% of firms are making moderate to large GenAI investments this year, a significant jump from 40% in 2024. The urgency is clear: over a third expect ROI within six months of deployment. What does this ROI look like? By embedding real-time intelligence via agentic AI directly into post-trade processes and integrating these digital workers into daily operations, firms gain a measurable edge. They'll see rapid reductions in operational complexity, manual workloads, settlement penalties, and capital costs, alongside a corresponding surge in risk management prowess and efficiency. This isn't just theoretical; this is operational alpha in action, offering a critical, tangible advantage to early adopters ready to embrace the agentic AI revolution in securities operations.
