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Broadridge Financial Solutions, Inc. is a U.S.-based global provider of communications, technology, data and analytics for the financial industry and others. Originally created as the brokerage services arm of Automatic Data Processing (ADP) in 1962, Broadridge spun off as an independent public company in 2007. The main fields of work are in securities processing, clearing and investor communications. A main business of Broadridge is electronic proxy voting.

History
Broadridge Financial Solutions was created as the brokerage services arm of New Jersey-based ADP in 1962. The company expanded its U.S. securities processing business in 1979 to include Canadian securities. In 1989, Broadridge launched its proxy services business.

Broadridge expanded in the 1990s through several acquisitions. In 1992, it acquired the Independent Election Corporation of America, which processed proxies, annual reports and other corporate communications. Broadridge bought multi-currency clearance and settlement services company Wilco International in 1995. Forbes reported that by 1999, the company was "handling investor communications for 90 percent of securities held of record by American banks and broker-dealers".

Broadridge bought print centers in Dallas, Texas and Columbus, Ohio in 2001, and in 2002 began on-demand printing.

The company became a wholly owned subsidiary of ADP on March 29, 2007. The next day, it spun off as an independent public company. Since going public, Broadridge expanded through a series of acquisitions to grow its service offerings, including the 2010 acquisition of NewRiver, Inc., an electronic investor disclosure firm, for $78 million. The following year, Broadridge acquired Matrix Financial Solutions, which provided retirement products, for an undisclosed sum and investment management services firm Paladyne Systems, Inc. for $76.5 million. In 2016, the company acquired DST's North American Customer Communications business for $410 million and M&O Systems, Inc., an advisor to wealth management firms, for $25 million in cash. In 2017, it acquired institutional asset management data, analytics and research consultancy Spence Johnson for an undisclosed sum.

Operations
Broadridge Financial Solutions is headquartered in Lake Success, New York. It publicly trades on the New York Stock Exchange under the symbol nyse: BR and is part of the S&P MidCap 400 Index. The company employs about 10,000 people.

Broadridge is governed by a ten-member board of directors: Chairman Leslie A. Brun, Richard J. Daly, Robert N. Duelks, Richard J. Haviland, Brett A. Keller, Stuart R. Levine, Maura A. Markus, Thomas J. Perna, Alan J. Weber and Pamela L. Carter.

Daly, who is also CEO, director, and former president, leads the company's executive team. Chief Operating Officer Timothy C. Gokey became the company's president September 1, 2017.

As of 2017, Broadridge is named among Fortune magazine's World's Most Admired Companies.

Business segments
Broadridge operates two main business segments: Investor Communications and Global Technology and Operations, primarily for the financial services industry. Its clients are grouped into the following market segments: asset management, capital markets, wealth management and corporations. Through Investor Communications, Broadridge processes regulatory communications, including proxy materials and mutual fund reports. In 2016, TheStreet.com reported that Broadridge sent more than 5 billion communications to 138 million household recipients. As of 2013, the company processed 85 percent of outstanding shares voted in the U.S., and 72 percent of shares outside the U.S. As such, the company has been said to have a near-monopoly on proxy services. Broadridge's Global Technology and Operations unit offers transaction processing services, including productivity tools, data management, analytics, revenue and expense management and managed services.

In 2017, Broadridge processed an average of $5 trillion each day in equity and fixed income trades of U.S. and Canadian securities.