Broadridge
Financial Solutions, Inc. (Broadridge), the global fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Read this Term company, has joined
forces with Point Focal, an analytics solution provider, to offer clients advanced
alternative data-driven quantitative insights and portfolio analytics.
The
partnership aims to provide automated reports that combine relevant data,
visual analytics and Natural Language Processing (NLP) to quickly identify
signals to improve single stock and portfolio performance while reducing
exposure risk.
Broadridge Partners with
Point Focal
Broadridge’s
NYFIX platform, an order-routing network, will integrate Point Focal’s
insights, offering custom portfolios and watch lists built from Point Focal’s
aggregated alternative data. The data will be obtained from leading market
sources and delivered in a digestible and actionable summary format.
The NYFIX
platform is used by buy-side asset and wealth managers, portfolio managers, traders,
research analysts, sell-side service providers, and RIAs, providing them with a
comprehensive view of the market.
“By
incorporating Point Focal’s analytics
Analytics
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Read this Term into the NYFIX order routing network,
we’re able to deliver a new level of portfolio insights for clients,” George
Rosenberger, General Manager for NYFIX at Broadridge Trading and Connectivity
Solutions, said.
“Point
Focal provides a unique lens on the market which will help add alpha to the
trading process, and these new insights will rapidly improve performance while
mitigating execution risk and simplify trading.”
Reports prepared
by Point Focal, available directly from NYFIX, will include sentiment
assessments, earnings forecasts and summaries, pre-market reports with the
latest news, portfolio performance summary reports and weekly summaries of
stock market activity.
Thomas
Bryant, Director of Sales and Business Development at Point Focal, believes
that combining Point Focal’s analytic assets with Broadridge’s network and
ability to scale creates an unparalleled experience for decision-makers.
Check out the FMLS22 session on “Is Online Trading Keeping Up in The Metaverse?”
Higher Revenues Reported
by Broadridge
Last week the
global fintech leader published
its financials for the second quarter of fiscal 2023, reporting a 3% yearly
rise in total revenue to about $1.3 billion. In addition, the recurring revenue
increased by 6 percent to $840 million.
The
operating income rose 57% to $108 million, with a margin improvement from
5.5% to 8.3%. Meanwhile, the company’s adjusted operating income saw a 23%
increase, jumping from $141 million to $173 million.
“Broadridge
delivered strong results in the second quarter. We continue to see growth
driven by conversion of sales backlog into new revenue and strength in investor
participation,” Tim Gokey, the Chief Executive at Broadridge, commented in
the recent financial report.
Broadridge Expands
Partnership with Other Platforms
Broadridge
is continuously enhancing its offerings through partnerships with other
platforms. In recent months, it has joined forces with IntraFi
and Glue42
to improve its services. IntraFi is a privately held firm and US banking
network, while Glue42 offers a desktop integration platform that allows users
to configure and use multi-app workflows.
Additionally,
the
company has partnered with Coinbase to provide interoperability between
Coinbase Prime and NYFIX order-routing network.
Recently,
Broadridge strengthened
its partnership with IGM Financial by allowing more use of its R.Broker
solution. On the other hand, eToro sought out the services of Broadridge to
provide proxy voting services.
Broadridge
Financial Solutions, Inc. (Broadridge), the global fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl
Read this Term company, has joined
forces with Point Focal, an analytics solution provider, to offer clients advanced
alternative data-driven quantitative insights and portfolio analytics.
The
partnership aims to provide automated reports that combine relevant data,
visual analytics and Natural Language Processing (NLP) to quickly identify
signals to improve single stock and portfolio performance while reducing
exposure risk.
Broadridge Partners with
Point Focal
Broadridge’s
NYFIX platform, an order-routing network, will integrate Point Focal’s
insights, offering custom portfolios and watch lists built from Point Focal’s
aggregated alternative data. The data will be obtained from leading market
sources and delivered in a digestible and actionable summary format.
The NYFIX
platform is used by buy-side asset and wealth managers, portfolio managers, traders,
research analysts, sell-side service providers, and RIAs, providing them with a
comprehensive view of the market.
“By
incorporating Point Focal’s analytics
Analytics
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Read this Term into the NYFIX order routing network,
we’re able to deliver a new level of portfolio insights for clients,” George
Rosenberger, General Manager for NYFIX at Broadridge Trading and Connectivity
Solutions, said.
“Point
Focal provides a unique lens on the market which will help add alpha to the
trading process, and these new insights will rapidly improve performance while
mitigating execution risk and simplify trading.”
Reports prepared
by Point Focal, available directly from NYFIX, will include sentiment
assessments, earnings forecasts and summaries, pre-market reports with the
latest news, portfolio performance summary reports and weekly summaries of
stock market activity.
Thomas
Bryant, Director of Sales and Business Development at Point Focal, believes
that combining Point Focal’s analytic assets with Broadridge’s network and
ability to scale creates an unparalleled experience for decision-makers.
Check out the FMLS22 session on “Is Online Trading Keeping Up in The Metaverse?”
Higher Revenues Reported
by Broadridge
Last week the
global fintech leader published
its financials for the second quarter of fiscal 2023, reporting a 3% yearly
rise in total revenue to about $1.3 billion. In addition, the recurring revenue
increased by 6 percent to $840 million.
The
operating income rose 57% to $108 million, with a margin improvement from
5.5% to 8.3%. Meanwhile, the company’s adjusted operating income saw a 23%
increase, jumping from $141 million to $173 million.
“Broadridge
delivered strong results in the second quarter. We continue to see growth
driven by conversion of sales backlog into new revenue and strength in investor
participation,” Tim Gokey, the Chief Executive at Broadridge, commented in
the recent financial report.
Broadridge Expands
Partnership with Other Platforms
Broadridge
is continuously enhancing its offerings through partnerships with other
platforms. In recent months, it has joined forces with IntraFi
and Glue42
to improve its services. IntraFi is a privately held firm and US banking
network, while Glue42 offers a desktop integration platform that allows users
to configure and use multi-app workflows.
Additionally,
the
company has partnered with Coinbase to provide interoperability between
Coinbase Prime and NYFIX order-routing network.
Recently,
Broadridge strengthened
its partnership with IGM Financial by allowing more use of its R.Broker
solution. On the other hand, eToro sought out the services of Broadridge to
provide proxy voting services.
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