Broadridge Financial Solutions

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Broadridge Financial Solutions
Type Public (NASDAQBR
Industry Business Process Outsourcing
Founded Lake Success, New York (2007)
Headquarters Lake Success, New York, U.S.
Revenue increaseUS$2.21B (FY 2010)[1]
Net income increaseUS$190M (FY 2010)[1]
Total assets decreaseUS$1.79B (FY 2010)[2]
Total equity decreaseUS$807M (FY 2010)[2]

Broadridge Financial Solutions, Inc. (NYSEBR) is a US servicing company for the financial industry founded in 2007 as a spin-off from Automatic Data Processing (ADP). The main fields of work are in securities processing, clearing and investor communication. The main business of Broadridge is electronic proxy voting.

Broadridge is a member of XBRL International, a nonprofit consortium developing the extensible Business Reporting Language (XBRL).

In 2010, Broadridge Financial Solutions acquired NewRiver, Inc., a Leading Innovator in Electronic Investor Disclosure [3]

In Sept. 8, 2011, Broadridge Financial Solutions acquired Paladyne Systems, Inc., is the leading provider of next generation investment management solutions.[4]

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