Everest Group PEAK
Matrix® highlights Broadridge's relative market
success and overall capability of technology based on performance,
experiences, ability, and knowledge
NEW
YORK, Dec. 10, 2024 /PRNewswire/
-- Broadridge Financial Solutions, Inc. (NYSE:BR), a
global Fintech leader, today announces its recognition as the
highest-designated Leader in Market Impact and a Star Performer in
wealth management for the second year in a row by independent
research firm Everest Group in their 2024 Wealth Management
Products PEAK Matrix® Assessment.
"Broadridge's continuous investments in its wealth platform
enable it to deliver better customer insights, enhanced engagement
with clients, and more collaborative business opportunities," says
Kriti Gupta, Practice Director, Everest Group. "The firm's
expertise in developing out-of-the-box solutions and a robust
partner ecosystem have set Broadridge apart from its peers. We're
pleased to recognize Broadridge as a Leader in the Everest Group
Wealth Management Products PEAK Matrix® Assessment 2024 and look
forward to their future success."
"We are thrilled to be recognized by our clients and Everest
Group for our commitment to providing exceptional service and a
sophisticated digital platform to address the evolving needs of the
wealth and asset management industries," said Mike Alexander, President of Wealth Solutions at
Broadridge. "We believe that a fully integrated tech stack is
central to achieving greater efficiency and a successful
advisor-client partnership. As we look ahead to 2025, we are
expanding our capabilities as we seek to modernize wealth
management and help our clients and the industry better operate,
innovate and grow."
In this report, Everest Group evaluated 17 leading wealth
management technology providers on information submitted in
calendar year 2024 in areas including interactions with IT service
providers, client reference checks and ongoing analysis of wealth
management products market. Leading firms exhibited the
following:
- Comprehensive coverage and innovation across the value chain
and invest heavily in advanced technologies such as Artificial
Intelligence (AI) and Machine Learning (ML), and API integrations.
By understanding market challenges and market trends, and evolving
needs of the next generation of investors, Leaders enhance business
operations and provide innovative products and services.
- Enhance client experiences through hyper-personalized services
and strategic partnerships. Leaders maintain a robust partnership
ecosystem with WealthTechs, FinTechs, and system integrators to
drive further innovation and ensure a well-rounded approach to
address client needs and market demands.
Broadridge delivers a suite of innovative, API-first,
market-ready component solutions designed to deliver what's
top of mind for every wealth management firm, personalizing the
investor experience, driving advisor revenue and productivity,
digitizing investment and enterprise operations, and delivering
cost efficiencies. Broadridge's open ecosystem allows wealth
management firms to build top-tier solutions by combining their
proprietary solutions, Broadridge solutions, and third-party
solutions into one platform, helping them to transform on their own
terms and modernize key parts of their tech stack in line with
their strategic needs.
About Broadridge
Broadridge 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.
Disclaimer
Licensed extracts taken from Everest Group's PEAK Matrix®
Reports, may be used by licensed third parties for use in their own
marketing and promotional activities and collateral. Selected
extracts from Everest Group's PEAK Matrix® reports do not
necessarily provide the full context of our research and
analysis. All research and analysis conducted by Everest
Group's analysts and included in Everest Group's PEAK Matrix®
reports is independent and no organization has paid a fee to be
featured or to influence their ranking. To access the
complete research and to learn more about our methodology, please
visit Everest Group PEAK Matrix® Reports.
Media Contact:
Matthew
Luongo
Prosek Partners
+1
646-818-9279
mluongo@prosek.com
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SOURCE Broadridge Financial Solutions, Inc.