LAKE SUCCESS, N.Y., Jan. 28, 2015 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR) is ranked among the top 50 risk technology vendors in its debut on the Chartis RiskTech100®, an annual global risk technology study. Broadridge provides risk technology solutions for hedge funds, banks, securities firms, and asset managers globally. The Chartis study assesses functionality, core technology, organizational strength, customer satisfaction, market presence and innovation.
"Well-integrated risk management operations are critical to institutions in today's financial services industry," said Bennett Egeth, President, Broadridge Investment Management Solutions. "Our strong first-time ranking on the RiskTech100 is a recognition of our history of technical innovation, our expertise in risk technology integration and our ability to help clients stay focused on their core business while effectively managing risk."
Broadridge's solutions cover a range of risk management areas across asset classes and geographies, including portfolio, market, credit and counterparty risk. In its debut appearance, the company ranked 48th among Chartis' RiskTech100, a comprehensive and globally-recognized study of the top 100 risk technology vendors in its ninth year of publication.
"Broadridge is developing strong capabilities in risk management," said Peyman Mestchian, managing partner at Chartis. "Firms looking to combine their risk and compliance capabilities across multiple risk classes and business processes can turn to Broadridge to simplify complex demands on their infrastructure. The company's approach to delivering operational excellence is a competitive advantage in the capital markets technology sector."
For this year's RiskTech100 report, Chartis collected more than 1,200 questionnaires from risk technology buyers and end-users, as well as more than 300 from risk technology vendors. Additionally, the firm's analysts conducted more than 100 briefings with select vendors to help determine and order the final list.
The report is available for free download at www.risktech-forum.com.
Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally. Broadridge's investor communications, securities processing and business process outsourcing solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge's infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America, and processes more than $5 trillion in fixed income and equity trades per day. Broadridge employs approximately 6,700 full-time associates in 14 countries. For more information about Broadridge, please visit www.broadridge.com.
Chartis is the leading provider of research and analysis on the global market for risk technology. Its goal is to support enterprises as they drive business performance through better risk management, corporate governance and compliance. Chartis helps clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.
RiskTech100® is a registered trade mark of Chartis Research limited.
Chartis Research is authorized and regulated by the Financial Conduct Authority (FCA) for providing investment advice - (www.chartis-research.com).
SOURCE Broadridge Financial Solutions, Inc.