About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Broadridge Details Mutualisation Strategy and A,B,C,D Solutions Building Blocks

Subscribe to our newsletter

Broadridge Financial Solutions is addressing the complexity of financial markets and burden of regulation with a mutualisation strategy that builds products once for many clients and includes core A,B,C,D building blocks – artificial intelligence (AI), blockchain, cloud and digitalisation. To find out more about the company’s approach, we talked to Samir Pandiri, president of Broadridge International with responsibility for the EMEA and Asia-Pacific regions.

Pandiri describes the key problems for asset managers as regulatory compliance and pressure on fees. For capital markets participants regulation is also a problem, particularly as it becomes more global and makes increasing demands on the business model that can be expensive to implement. He says: “The capital markets ecosystem has become very complex. Technology is often old, it is hard to make changes and difficult to comply with new regulations in a cost-effective way. There is also more demand for data and insight. If you can help clients solve these issues that is a win.”

Broadridge’s strategy to achieve this is based on a philosophy of mutualisation that builds solutions once to serve many customers and provides all with updates and new functionality. Customers can customise the solutions, and Broadridge helps meet their data needs by incorporating application programming interfaces (APIs) in its solutions.

Core themes, or building blocks, of these solutions are, as mentioned above, AI, blockchain, cloud and digitalisation, in terms of how to disrupt the market and mutualise this for many customers. Pandiri comments: “We continually question whether we are using the latest technology to enable clients’ business.”

Broadridge is building its AI and machine learning capability internally and has developed a reconciliation engine using AI. More solutions are in the pipeline, although Pandiri notes that these, and any further developments, must be designed with the purpose of helping clients work in a faster and easier way.

The company has its own blockchain technology as well as a partnership with Digital Asset to extend its options. The technology has been implemented to provide a solution for Shareholder Rights Directive (SRD) regulation and the company is looking at how the technology could be used to make compliance with other regulations more innovative and efficient.

Pandiri says Broadridge is a big user of the cloud and, dependent on client perspectives, the company can offer either public or private cloud environments. He adds: “Firms are moving more apps to the cloud, but where they store data depends on policies and procedures, so we are seeing a lot of hybrid solutions with apps in the cloud and data stored in internal databases.”

Digitalisation and data transformation are the final building block, with Broadridge focussing on data management, dissemination and insight. For the asset management market, by way of example, the company offers Global Market Intelligence, an integrated data and analytics platform that expands users’ insight into global funds and ETFs. The company has over 100 fund managers on the platform and sees many other use cases for data driven business solutions.

Broadridge has developed its strategy, solutions and skillsets over time, supported by about 30 acquisitions over the past 10 years. Pandiri says: “The world is full of great ideas to tap in to. We are always looking for strategic partnerships and acquisitions we can tuck in. This strategy has been very successful for Broadridge and gives the company access to talent in an efficient way.”

Going forward, he concludes: “Change will be quick over the next 10 years and things will be very different. I am not sure what the change will look like, but if Broadridge can continue to access the best talent and ideas, and deliver what is best for clients, we should be in good shape in 10 years’ time.”

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

17 June 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise...

BLOG

Data Usage Rights Patent is Music to the Ears of VendEx Boss

Richard Clements has a talent for explaining highly technical concepts in ways that make them sound as easy as listening to your favourite song. Which is apt, considering that the chief executive of VendEx, a vendor and data cataloguing technology provider, explains his company’s latest innovation with a guitar perched on a stand beside him....

EVENT

AI in Capital Markets Summit New York

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...