| Broadridge Financial Solutions | (NY: BR) |
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May 21, 2013
Broadridge Financial Solutions (NYSE: BR) provides outsourced record keeping to the financial industry. This system frees companies from the complex requirements set forth by regulatory agencies, such as the SEC, regarding disclosure filings and securities transactions. In addition, the company processes security transactions.
The decline in trading volumes and the reduction in market liquidity associated with the current financial crisis threatens Broadridge’s earnings. Moreover, as the company serves eight of the top 10 broker-dealers, [1] further consolidation in financial services poses a significant risk by decreasing the number of company clients. However, Broadridge stands to benefit from increased compliance revenues (due to more required filings and disclosures) brought on by recent government intervention in the financial markets. [2]
(Read more at Wikinvest
) - Business Overview
- Spinoff
- Business & Financial Metrics[5]
- Business Segments[6]
- Investor Communication Solutions - 75.7% of FY2009 revenues
- Securities Processing Solutions – 24.3% of FY2009 revenues
- Key Trends & Forces
- Broadridge stands to benefit from increased regulatory scrutiny in the era of government bailouts
- Broadridge faces a decline in revenues due to decreases in trading volume and low market liquidty
- Competition
- DST Systems
- State Street
- Fiserv
- Fidelity National Information Services
- References
