TORONTO, Nov. 15, 2011 /CNW/ - Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that
Edward Jones has chosen Broadridge Canada's New Issue Fulfillment
solution for the communication and delivery of transaction
confirmations and required compliance documents for new issue equity
and fixed income products in Canada.
The solution incorporates print on demand technology with inventory
management and provides concise audit reporting. As a scalable
offering it supports multiple new issues at the same time while
ensuring that the most current documents are available for
distribution. The results of this service implementation will be
minimized costs and substantial improvements in operational
Doug Bennett, Principal, Operations, Edward Jones said, "Edward Jones is
excited to work with Broadridge on a fulfillment solution that will
benefit our clients."
"The New Issue service is an example of our commitment to create
innovative outsourcing solutions for our Canadian clients," said Donna
Bristow, VP Client Management and Strategic Product Development,
Canada, Broadridge. "By working closely with the Edward Jones team, and
tapping into our global securities experience, we created a new issue
solution that offers economies of scale and innovation. Edward Jones
can focus on its core business of servicing investors, while utilizing
Broadridge's infrastructure and newest outsourcing technology to manage
the new issue fulfillment process."
Broadridge is a technology services company focused on global capital
markets. Broadridge is the market leader enabling secure and accurate
processing of information for communications and securities
transactions among issuers, investors and financial intermediaries.
Broadridge builds the infrastructure that underpins proxy services for
over 90% of public companies and mutual funds in North America;
processes more than $4 trillion in fixed income and equity trades per
day; and saves companies billions annually through its technology
solutions. For more information about Broadridge, please visit www.broadridge.com.
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