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Technology news

Broadridge launches Communications Cloud platform


14 September 2023 UK
Reporter: Lucy Carter

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Image: adam121/stock.adobe.com
Broadridge Financial Solutions has launched Broadridge Communications Cloud, an end-to-end digital communications platform.

The new product is designed to enhance customer experience, with financial intermediaries able to deliver data-centric insights to investors.

On the platform, essential communications including confirmations, statements and corporate actions can be created, delivered and managed. By using bidirectional communications and facilitating personalised, contextualised user experiences, firms using the Communications Cloud will benefit from improved investor engagement and operational efficiencies, Broadridge says.

Additionally, the platform is intended to help boost digital adoption. This is particularly prescient given the results from a recent Broadridge study, which found that more than half of financial services firms rank digital transformation as the most important strategic initiative.

Commenting on the launch, Demi Derem, senior vice president of international investor communications, digital transformation and market innovation at Broadridge, says: “As the world continues to shift to digital and more personalised communications, investors are demanding the same type of experience, access, and instant service from their financial service providers.

“Today’s launch underscores our strategic commitment to drive the evolution of investor communications, improving the digital communications and investor stewardship experience, enhancing distribution, and strengthening customer engagement around the world.”
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