Servicing the financial industry since its founding in 2007, Broadridge Financial Solutions is in the business of providing investing communications and technology driven solutions to various institutions. The company is the result of the spin-off made by Automatic Data Processing (ADP).
Broadridge helps financial services firms operate by giving them the infrastructure they need. Their fields of work include clearing and investor communication as well as security processing. Electronic proxy voting is the main business of the company. The company is said to provide their services to mutual funds, banks, broker-dealers and corporations globally. They have outlined the five major areas where they conduct their business as: mutual fund & retirement solutions, corporate issuer solutions, advisor & wealth solutions, bank and brokerage investor communications and financial services technology and operations.
Common stocks of the company are traded on the New York Stock Exchange. The business is part of the S&P 400 Components and is a member of the XBRL International, the developer of the extensible Business Reporting Language.