Broadridge to join S&P 500 13 June 2018New York Reporter: Jenna Lomax
Image: Shutterstock
Broadridge Financial Solutions will be added to the Standard and Poor (S&P) 500 Index at the opening of trading on 18 June 2018.
Broadridge technology links investors with issuers, funds and broker-dealers to enable corporate governance worldwide.
It鈥檚 capital markets, asset management and wealth management technology platforms power the trading of more than $5 trillion a day.
The news comes shortly after the firm secured a blockchain patent (238) from the US Patent and Trademark Office in an effort to enhance processes for proxy voting and repo agreements.
It has also appointed Tom Carey in January to head up the firm鈥檚 new international business Broadridge International, in an attempt to expand into Europe, the Middle East and Africa, as well as Asia Pacific markets.
Rich Daly, CEO of Broadridge, said: 鈥淲e are honoured to join the important companies that comprise the S&P 500.鈥�
He added: 鈥淭his reflects the recognition by the investment community of the importance of the work we do to power investing, governance and communications through leading technology-driven solutions. It is also an enormous testament to the hard work and dedication of our associates, our focus on our clients and our commitment to the service-profit chain.鈥�
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one securities finance news source this
year, make sure it is your free subscription to Securities 麻豆影视传媒 Times
Image: Shutterstock 