The Broadridge Business
−Removed: Broadridge, a Delaware corporation and a part of the S&P 500 ® Index (“S&P”), is a global financial technology leader powering investing, corporate governance, and communications.
+Added: Broadridge, a Delaware corporation, is a global financial technology leader powering investing, corporate governance, and communications.
We deliver technology-driven solutions to banks, broker-dealers, asset and wealth managers, public companies, investors, and mutual funds, that enable our clients to operate, innovate and grow.
−Removed: Our trusted expertise and transformative technology provide the infrastructure and data to help improve our clients’ business performance and operational efficiency and modernize the investor experience.
+Added: Our trusted expertise and transformative technology solutions help financial services companies enhance investor engagement, optimize trading and investing, and digitize communications.
We operate our business in two reportable segments:
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email notification to investors alerting them that proxy materials are available;
−Removed: and proxy voting via paper, telephone, online or mobile app.
−Removed: We have the ability to combine stockholder communications for multiple stockholders residing at the same address which we accomplish by having ascertained the delivery preferences of investors.
+Added: and proxy voting via telephone, online, mobile, or paper.
+Added: We have the ability to combine shareholder communications for multiple stockholders residing at the same address.
We also offer proxy vote solicitation services for the registered clients of fund companies, efficiently managing the entire proxy campaign.
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Instead, a substantial majority of all public companies’ shares are held in “street name, meaning that they are held of record by broker-dealers or banks through their depositories.
−Removed: Most street name shares are registered in the name “Cede & Co.,” the name used by The Depository Trust and Clearing Corporation (“DTCC”), which holds shares on behalf of its participant broker-dealers and banks.
+Added: Most street name shares are registered in the name “Cede & Co.” the name used by The Depository Trust and Clearing Corporation (“DTC”), which holds shares on behalf of its participant broker-dealers and banks.
These participant broker-dealers and banks (which are known as “Nominees” because they hold securities in name only) in turn hold the shares on behalf of their customers, the individual beneficial owners.
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Objecting beneficial owners (or “OBOs”) may be contacted directly only by the broker-dealer or bank.
−Removed: As DTCC’s role is only as the custodian, a number of mechanisms have been developed in order to pass the legal rights it holds as the record owner (such as the right to vote) to the beneficial owners.
−Removed: The first step in passing voting rights down the chain is the “omnibus proxy,” which DTCC executes to transfer its voting rights to its participant Nominees.
+Added: As DTC’s role is only as the custodian, a number of mechanisms have been developed in order to pass the legal rights DTC holds as the record owner (such as the right to vote) to the beneficial owners.
+Added: The first step in passing voting rights down the chain is the “omnibus proxy,” which DTC executes to transfer its voting rights to its participant Nominees.
Under applicable rules, Nominees must deliver proxy materials to beneficial owners and request voting instructions.
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A large number of Nominees have contracted out the processes of distributing proxy materials and tabulating voting instructions to us.
−Removed: Nominees accomplish this by entering into agreements with Broadridge and transferring to us via powers of attorney the authority to execute a proxy, which authority the Nominee receives from the DTCC via an omnibus proxy.
+Added: Nominees accomplish this by entering into agreements with Broadridge and transferring to us, via powers of attorney, the authority to execute a proxy, which authority the Nominee receives from DTC via an omnibus proxy.
Through our agreements with Nominees for the provision of beneficial proxy services, we take on the responsibility of ensuring that the account holders of Nominees receive proxy materials on a timely basis digitally or in print, that their voting instructions are conveyed to the companies and funds conducting solicitations and that these services are fulfilled in accordance with the requirements of their particular solicitation.
In order for us to provide the beneficial proxy services effectively, we interface and coordinate directly with each company and/or fund to ensure that the services are performed in an accurate and timely manner.
−Removed: As it would increase the costs for companies and funds to work with all of the Nominees through which their shares are held beneficially, companies and funds work with us for the performance of all the tasks and processes necessary to ensure that proxy materials are distributed on a timely basis to all beneficial owners and that their votes are accurately reported.
+Added: As it would increase the costs for companies and funds to work with the Nominees through which their shares are held beneficially on an individual basis, companies and funds work with us for the performance of the tasks and processes necessary to ensure that proxy materials are distributed on a timely basis to all beneficial owners and that their votes are accurately reported.
The SEC’s rules require public companies to reimburse Nominees for the expense of distributing stockholder communications to beneficial owners of securities held in street name.
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We provide composition, printing, filing, and distribution services for regulatory reports, prospectuses, and proxy materials, as well as mutual fund proxy solicitation services.
−Removed: We manage the entire communications process with both registered and beneficial stockholders and provide a complete platform for creating and distributing regulatory investor communications across multiple channels, including print, e-delivery, online, and mobile.
−Removed: These services include prospectus delivery and the distribution of annual and semi-annual shareholder reports.
−Removed: Our clients have the ability to create and distribute these communications via print, e-delivery, online, and mobile.
+Added: We manage the entire communications process with both registered and beneficial stockholders and provide a complete platform for creating and distributing regulatory investor communications across multiple channels, including e-delivery, online, mobile, and print.
+Added: These services include prospectus delivery and an end-to-end solution to fund administrators and asset managers for composing, filing, and distributing tailored annual and semi-annual shareholder reports, known as Tailored Shareholder Reports, that are ADA-compliant and have embedded XBRL.
+Added: Through our Fund Communication Solutions business, we provide fund managers with a single, integrated provider to manage data, perform calculations, compose documents, manage regulatory compliance, and disseminate information across multiple jurisdictions.
+Added: Our solutions help fund managers increase distribution opportunities, comply with both United Kingdom and European Union regulations such as Solvency II and MiFID II, and make information easily accessible for investors in a digital format.
+Added: We also provide support to fund managers with document and data dissemination in the UK and European markets, enabling the receipt by distributors and investors of information supporting fund sales.
+Added: Our Pass-Through Voting solution supports fund clients in providing individual investors the ability to participate in the proxy voting process, helping them to expand their investor engagement efforts and receive valuable input for important investment decisions.
+Added: Our solution for institutional investors helps asset managers split the vote in portfolio companies and pass the ability to vote directly to institutional investors on a proportional basis.
+Added: For retail investors, our solutions allow funds to poll their investors on voting preferences and provide investors the ability to give voting instructions, set standard voting preferences, or cast a vote at pre-determined meetings.
In addition to our fund solutions, we also provide a range of other regulatory communications solutions, including reorganization communications notifying investors of U.S.
reorganizations or corporate action events, such as tender offers, mergers and acquisitions, bankruptcies, and global class action services for the identification, filing and recovery of class actions and collective redress proceedings involving securities and other financial products.
−Removed: Our pass-through voting solutions support fund clients in providing individual investors the ability to participate in the proxy voting process, helping them to expand their investor engagement efforts and receive valuable input for important investment decisions.
−Removed: Broadridge’s institutional solution helps asset managers split the vote in portfolio companies and pass directly to institutional investors on a proportional basis.
−Removed: For retail investors, our solutions allow funds to poll their investors on voting preferences and provides investors the ability to give voting instructions, set standard voting preferences, or potentially cast a vote at pre-determined meetings.
−Removed: In addition, we provide international corporate governance solutions addressing our clients’ needs within Europe, the Middle East and Africa (“EMEA”) and the Asia-Pacific (“APAC”) region.
−Removed: These solutions include institutional and retail global proxy services and shareholder data and analytics.
−Removed: Our international solutions help clients sharpen focus on their core businesses while helping them maintain global regulatory compliance, reduce costs, improve efficiency and gain data insights.
+Added: We also provide international corporate governance solutions addressing our clients’ needs within Europe, the Middle East and Africa (“EMEA”) and the Asia-Pacific (“APAC”) region.
+Added: These solutions include institutional and retail global proxy services, and shareholder disclosure management and analytics for both financial intermediaries and corporate issuers.
+Added: Our international solutions help clients focus on their core businesses while helping them maintain global and local regulatory compliance, reduce costs, improve efficiency and gain data insights.
Data-Driven Fund Solutions
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We also provide fiduciary-focused learning and development, software and technology, and data and analytics services to advisors, institutions and asset managers across the retirement and wealth ecosystem.
−Removed: Through our Fund Communication Solutions business, we provide fund managers with a single, integrated provider to manage data, perform calculations, compose documents, manage regulatory compliance, and disseminate information across multiple jurisdictions.
−Removed: Our solutions help fund managers increase distribution opportunities, comply with both United Kingdom and European Union regulations such as Solvency II and MiFID II, and make information easily accessible for investors in a digital format.
−Removed: We also provide support to fund managers with document and data dissemination in the European market.
−Removed: This enables the receipt by distributors and investors of complete, accurate, and timely information supporting fund sales.
−Removed: Through our Retirement and Workplace Solutions business (“Broadridge Retirement and Workplace”), we provide automated mutual fund and exchange-traded funds trade processing services for financial institutions that submit trades on behalf of their clients such as qualified and non-qualified retirement plans and individual wealth accounts.
−Removed: Our trust, trading and settlement services are integrated into our product suite thereby strengthening Broadridge’s role as a provider of insight, technology, and business process outsourcing to the asset management, wealth, and retirement industry.
+Added: Through our Retirement and Workplace Solutions business (“Broadridge Retirement and Workplace”), we provide automated mutual fund and exchange-traded funds trade processing services for financial institutions that submit trades on behalf of their clients, including qualified and non-qualified retirement plans and individual wealth accounts.
+Added: Our trust, trading and settlement services are integrated into our product suite, strengthening our role as a provider of insight, technology, and business process outsourcing to the asset management, wealth, and retirement industry.
In addition, our marketing and transactional communications solutions provide a content management and omni-channel distribution platform for marketing and sales communications for asset managers, insurance providers and retirement service providers.
Corporate Issuer Solutions
−Removed: We provide governance and communications services to corporate issuers supporting a full range of public company functions, including the annual meeting of stockholders, SEC reporting, capital markets transactions, transfer agency, shareholder engagement, and ESG solutions.
−Removed: Our services provide corporate issuers a single source solution that spans the entire corporate disclosure and shareholder communications lifecycle.
−Removed: Our governance and communications services include a full suite of annual meeting and shareholder engagement solutions:
+Added: We provide a range of corporate issuer solutions that revolve around shareholder meetings and proxy, corporate governance and sustainability, regulatory filings and disclosure, and stock transfer services.
+Added: Our services provide corporate issuers a single source solution that spans the entire shareholder communications and corporate disclosure lifecycle.
+Added: Our shareholder meetings and proxy services and our corporate governance and sustainability services include a full suite of annual meeting and shareholder engagement solutions:
• Proxy services – we provide complete project management for the entire annual meeting process including registered and beneficial proxy materials distribution, vote processing, and tabulation through our ShareLink ® solution.
• Virtual Shareholder Meeting™ – electronic annual meetings via webcast, either on a stand-alone basis, or in conjunction with in-person annual meetings, including shareholder validation and voting services and the ability for shareholders to ask questions and for management to respond during the meetings.
−Removed: • We offer tools for corporate issuers to help them better engage with their shareholders and other stakeholders in connection with the annual meeting process as well as on an ongoing basis throughout the year.
+Added: • Shareholder engagement tools - we offer tools for corporate issuers to help them better engage with their shareholders and other stakeholders in connection with the annual meeting process as well as on an ongoing basis throughout the year.
These services provide aggregated shareholder data and analytics, shareholder delivery preferences, and voting trends.
−Removed: • Our ESG services provide consulting in support of issuers and their ESG journey.
−Removed: The services include peer ESG disclosure benchmarking, ESG strategy and policy development, greenhouse gas emission assessments, and ESG and sustainability report content development.
−Removed: We also offer an ESG dashboard that provides ESG consensus ratings to allow corporate issuers to assess the progress of their ESG ratings and disclosure relative to their selection of peer companies.
−Removed: Our disclosure solutions provide compliance reporting and transactional reporting services for public companies, including the following:
−Removed: • SEC Filing Services:
+Added: • Sustainability services - we provide consulting in support of issuers and their sustainability initiatives.
+Added: The services include peer governance and sustainability disclosure benchmarking, sustainability strategy and policy development, greenhouse gas emission assessments, and sustainability data management and reporting.
+Added: We also offer a Governance and Sustainability dashboard that provides consensus ratings to allow corporate issuers to assess the progress of their Governance and Sustainability ratings and disclosure relative to their selection of peer companies.
+Added: Our regulatory filings and disclosure solutions provide compliance reporting and transactional reporting services for public companies, including the following:
+Added: • Securities and Exchange Commission (“SEC”) Filing Services:
proxy and annual report design and digitization, SEC filing, printing, and web hosting services, as well as year-round SEC reporting including document composition, EDGARization and XBRL tagging.
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Customer Communications Solutions
−Removed: We support financial services, healthcare, insurance, consumer finance, telecommunications, utilities, and other service industries with their omni-channel customer communications management strategies for transactional communications, such as statements and bills, marketing communications, such as personalized microsites and campaigns, and regulatory communications, such as trade confirmations and explanation of benefits.
+Added: We support financial services, healthcare, insurance, consumer finance, telecommunications, utilities, and other service industries with omni-channel customer communications management strategies for their transactional communications, including statements and bills, marketing communications, such as personalized microsites and campaigns, and regulatory communications, such as trade confirmations and explanations of benefits.
These services include digital and physical delivery of critical communications.
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• develop transactional, regulatory, and marketing communications with relevant, self-service content that drives customer action;
−Removed: • deliver customer communications across print, digital, email, short message service (“SMS”) and emerging channels, such as interactive microsites and personal cloud services, with one connection;
+Added: • deliver customer communications across print, digital, email, short message service (“SMS”) and emerging channels, such as interactive microsites, with one connection;
• gain comprehensive reporting and analytics to improve communications and increase engagement based on customer behaviors.
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The accurate processing of trading activity from its initial inception and custody activity requires effective automation and information flow across multiple systems and functions within the firm and across the systems of the various parties that participate in the execution of a transaction.
−Removed: Our Global Technology and Operations business provides the non-differentiating yet mission-critical infrastructure to the global financial markets.
+Added: Our Global Technology and Operations business provides mission-critical, scale infrastructure to the global financial markets.
As a leading software as a service (“SaaS”) provider, we offer capital markets and wealth and investment management firms modern technology to enable growth, simplify their technology stacks, and mutualize costs.
−Removed: Our highly scalable, resilient, component-based solutions automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, from order capture and execution through trade confirmation, margin, cash management, clearing and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting and custody-related services.
+Added: Our highly scalable, resilient, component-based platform automates the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, from order capture and execution through trade confirmation, margin, cash management, clearing and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting and custody-related services.
Our Wealth Management business provides solutions for advisors and investors and streamlines back- and middle-office operations for broker-dealers by providing systems for critical post-trade activities, including books and records, transaction processing, clearance and settlement, and reporting.
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See “Analysis of Reportable Segments — Revenues” under “Item 7.
−Removed: Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Services and solutions offered through the Global Technology and Operations segment include the following:
+Added: Management’s Discussion and Analysis of Financial Condition and Results of Operations.” We provide the following services and solutions through our Global Technology and Operations segment:
Capital Markets Solutions
−Removed: Our capital markets technology and our solutions deliver simplification and innovation across the trade lifecycle, from order initiation to settlement.
−Removed: Largely provided on a SaaS basis within large user communities, Broadridge’s technology is a global solution, processing trades, clearance and settlement in over 100 countries.
+Added: Our capital markets platform and solutions deliver simplification and innovation across the trade lifecycle, from order initiation to settlement.
+Added: Largely provided on a SaaS basis within large user communities, our technology is a global solution, processing trades, clearance and settlement in over 90 markets.
Our technology enables our clients to meet the requirements of market change such as the T+1 securities settlement cycle.
Our solutions enable global capital markets firms to access market liquidity, driving more effective market making and efficient front-to-back trade processing.
−Removed: These services include reference data management, securities financing, securities-based lending, collateral management, trade and transaction reporting, reconciliations, financial messaging, and asset servicing.
+Added: These services include data management, securities financing, securities-based lending, collateral management, trade and transaction reporting, reconciliations, financial messaging, and asset servicing.
Our solutions can be deployed as a complete solution as well as discrete components supporting financial institutions.
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In addition, we provide comprehensive fixed income transaction processing capabilities to support clearance, settlement, custody, P&L reporting, and regulatory reporting for domestic and foreign fixed income instruments.
−Removed: Our solution includes extensive support for mortgage-backed securities and other structured products.
−Removed: It is a multi-currency, multi-entity solution that provides position and balance information, in addition to detailed accounting, financing, collateral management, and repurchase agreement functionality.
+Added: Our solution includes extensive support for mortgage-backed securities and other structured products, and is a multi-currency, multi-entity solution that provides position and balance information, in addition to detailed accounting, financing, collateral management, and repurchase agreement functionality.
The solution offers straight-through-processing capabilities, enterprise-wide integration, and a robust technology infrastructure - all focused on supporting firms specializing in the fixed income marketplace.
+Added: We are advancing our capabilities and market offering through distributed ledger technology in repo markets, and leading across capital markets in the application of artificial intelligence (“AI”) as a service.
Wealth and Investment Management Solutions
−Removed: Our Wealth Management business delivers technology solutions, critical data, and digital marketing services to enable full-service, regional, and independent broker-dealers and investment advisors to better engage with customers to help grow their business.
+Added: Our Wealth Management business delivers front-to-back technology solutions, including digital marketing services to enable full-service, regional, and independent broker-dealers and investment advisors to better engage with their customers and help grow their business.
Our wealth solutions are designed to help optimize advisor productivity, improve investor outcomes, digitize operations, reduce friction in investing, increase financial literacy, and deliver more personalized advice and insights.
−Removed: With respect to technology solutions, we offer an integrated, modern open-architecture wealth management platform through which we provide enhanced data-centric capabilities to improve the overall client experience across the entire front-, middle- and back-office wealth management lifecycle, including advisor, investor, and operational workflows.
+Added: We offer an integrated, modern open-architecture wealth management platform through which we provide enhanced data-centric capabilities, integrating the use of AI, to improve the overall client experience across the entire front-, middle- and back-office wealth management lifecycle, including advisor, investor, and operational workflows.
This comprehensive wealth management platform streamlines all aspects of the service model, allowing our clients to digitally onboard customers, manage advisor compensation for multiple products and service models, and seamlessly transfer and service accounts.
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Our asset management solutions are portfolio management, compliance, fee billing and operational support solutions such as order management, data warehousing, reporting, reference data management, and risk management and portfolio accounting for hedge funds, family offices, alternative asset managers, traditional asset managers, and the providers that service this space including prime brokers, fund administrators, and custodians.
−Removed: The client base for these services includes institutional asset managers, public funds, start-up, or emerging managers through some of the largest global hedge fund complexes and global fund administrators.
+Added: The client base for these services includes institutional asset managers, public funds, start-ups, or emerging managers through some of the largest global hedge fund complexes and global fund administrators.
We earn our clients’ confidence every day by delivering real business value through leading technology-driven solutions that help our clients get ahead of today’s challenges and capitalize on future growth opportunities.
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Specifically, our growth strategy is focused on three key themes:
−Removed: (i) driving democratization and digitization in governance , (ii) simplifying and innovating trading in capital markets, and (iii) modernizing wealth and investment management businesses.
+Added: (i) driving democratization and digitization in governance, (ii) simplifying and innovating trading in capital markets, and (iii) modernizing wealth and investment management.
Our business model
We deliver multi-client technology and business process outsourcing services primarily through common SaaS-based operations platforms.
−Removed: We create layers of value for clients by harnessing network benefits, providing deep data and analytics, and offering a comprehensive suite of digital capabilities all on a single platform.
+Added: We create layers of value for clients by harnessing network benefits, providing deep data and analytics, and offering a comprehensive suite of digital capabilities all on a single platform that enables deeper integration, streamlined onboarding, and better data access.
Our SaaS offerings allow our clients to mutualize key functions and thereby reduce their costs.
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Our technology and associates power the critical infrastructure and services behind investing, investment governance, and investor communications.
−Removed: Broadridge makes our clients stronger, and through them, we enable better financial lives for investors around the globe.
−Removed: Our deep industry knowledge enables our clients to successfully solve complex technological and operational challenges, while adapting to the latest technology trends and regulatory standards.
−Removed: While financial services firms have historically kept much of their technology infrastructure work in-house, there are significant trends working in favor of Broadridge.
−Removed: Specifically, financial services firms globally are spending more on technology, and the respective budgets allocated for such technology are consistently growing year-over-year.
+Added: We make our clients stronger, and through them, we enable better financial lives for investors around the globe.
+Added: Our deep industry knowledge enables our clients to successfully solve complex technological and operational challenges, while adapting to the latest technology trends, market structure changes, and regulatory standards.
+Added: While financial services firms have historically kept much of their technology infrastructure work in-house, there are significant trends working in our favor.
+Added: Specifically, financial services firms globally are spending more on technology, and the budgets allocated for such technology are consistently growing year-over-year.
Moreover, these firms are devoting a growing percentage of this spend to third-party technology, operations, and services.
−Removed: Broadridge, as a trusted outside service provider, can streamline and better integrate our clients’ infrastructure and business processes.
−Removed: We expect the efficiencies that result from such undertaking by Broadridge will lead to growth in the market for our solutions.
−Removed: Three attractive growth platforms
−Removed: Our growth platforms address mission-critical client needs as described below.
−Removed: Through our integrated solutions and scalable infrastructure, we believe we are best positioned to serve them.
+Added: As a trusted outside service provider, we can streamline and better integrate our clients’ infrastructure and business processes.
+Added: We expect the efficiencies that result from such undertakings by Broadridge will lead to growth in the market for our solutions.
+Added: Three attractive growth themes
+Added: Our growth themes address mission-critical client needs as described below.
+Added: Through our integrated solutions and scalable infrastructure, we believe we are best positioned to address them.
• Governance .
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As a leader in global trade lifecycle management, we are driving next-generation solutions that simplify our clients’ operations, improve performance and resiliency, evolve to global operating models, adapt to new technologies, and enable our clients to better manage their data.
−Removed: Our 2021 acquisition of Itiviti, for example, expanded our services across the trade lifecycle for equities and exchange-traded derivatives and grew our international reach.
−Removed: We continue to leverage emerging technologies such as blockchain and artificial intelligence (“AI”) to deliver innovative solutions to our clients.
−Removed: Our blockchain-enabled Distributed Ledger Repo (“DLR”) platform which combines distributed ledger technology with existing market settlement infrastructure provides clients added flexibility to manage their liquidity needs and execute cross-border intraday repo transactions through our DLR network.
−Removed: In addition, we have introduced a number of AI-driven solutions such as BondGPT and continue to develop new AI applications to create a more efficient trading process for our clients.
+Added: Our acquisition of Itiviti Holding AB, now operating as Broadridge Trading and Connectivity Solutions, for example, expanded our services across the trade lifecycle for equities and exchange-traded derivatives and grew our international reach.
+Added: We continue to leverage emerging technologies such as blockchain and AI to deliver innovative solutions to our clients.
+Added: Our blockchain-enabled Distributed Ledger Repo (“DLR”) platform combines distributed ledger technology with existing market settlement infrastructure to provide clients added flexibility to manage their liquidity needs and execute cross-border intraday repo transactions through our DLR network.
+Added: In addition, we have introduced a number of AI-driven solutions such as BondGPT and OpsGPT with agentic capabilities while continuing to develop new AI applications to create a more efficient trading process for our clients.
We also continue to develop component solutions that meet the regulatory, risk, data, and analytics needs of our clients, while also helping to drive more efficient liquidity, price discovery, and improved execution for the firms we serve.
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These firms are in need of partners to help them navigate the demographic shift of advisors and investors, create more engaging client experiences, and deliver operational technologies that are essential to their business.
−Removed: These market dynamics are driving the need for more seamlessly integrated technology, and as well as data-centric digital wealth solutions that better service advisors and investors.
+Added: These market dynamics are driving the need for more seamlessly integrated technology, as well as data-centric digital wealth and investment management solutions that better service advisors and investors.
This can be achieved by simplifying and modernizing their complicated and interwoven legacy systems.
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Our platform enables firms to improve advisor productivity, provide a more personalized investor experience, and realize operational process efficiencies.
+Added: Our acquisition of Kyndryl’s Securities Industry Services (“SIS”) business in 2024 has further bolstered our Wealth offerings in Canada by integrating advanced clearing and settlement, account record-keeping, and tax and regulatory reporting capabilities directly into our platform.
+Added: Our solutions also reduce complexity and capitalize on emerging technology to simplify operations across the trade lifecycle for hedge fund, private asset, and complex asset managers and their asset servicers.
+Added: Across our growth themes, we continue to expand our global footprint, driving international growth through both strategic investments and organic initiatives.
+Added: These efforts reinforce our commitment to delivering scalable solutions to a growing and diverse global client base.
On-ramp for next-generation technologies
Across financial services, the pace of change is only accelerating.
−Removed: Our clients understand that next-generation technology is a key driving force for change and efficiency and there is a need among our client base to leverage this technology to address their critical business challenges.
−Removed: However, they face obstacles in making the necessary investments and, more importantly, in applying the right talent and intellectual capital, which may be focused on their most differentiating functions.
−Removed: This continues to create opportunities for Broadridge to assist in the areas where we have scale and domain expertise, which includes areas such as AI, blockchain, cloud, digital, and other new technologies.
+Added: Our clients understand that next-generation technology is a key driving force for change and efficiency and that there is a need among our client base to leverage this technology to address their critical business challenges.
+Added: However, our clients face obstacles in making the necessary investments and, more importantly, in applying the right talent and intellectual capital, which may be focused on their most differentiating functions.
+Added: This continues to create a differentiated ability for us to support our clients in the areas where we have scale and domain expertise, which includes areas such as AI, blockchain, cloud, digital, and other new technologies.
By leveraging our services, firms can benefit from highly skilled, experienced personnel with deep industry expertise, while mutualizing the costs and risks of technology innovation.
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We conduct a client satisfaction survey for each of our major business units annually, the results of which are a component of all our associates’ compensation because of the importance of client retention to the achievement of our revenue goals.
−Removed: We have built a talent network focus of engaged and knowledgeable associates dedicated to serving clients well, which in turn creates a real and sustainable advantage for our business.
−Removed: Supporting this excellent client delivery takes engaged associates, and we are passionate about creating an environment in which every associate can thrive and build their knowledge and skills.
+Added: We have built a talent network of engaged and knowledgeable associates dedicated to serving clients well, which in turn creates a real and sustainable advantage for our business.
+Added: Supporting excellent client delivery takes engaged associates, and we are passionate about creating an environment in which every associate can thrive and build their knowledge and skills.
All of this creates a culture that benefits our associates, our clients, and our stockholders.
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Our corporate issuer clients are typically publicly held companies.
−Removed: In addition to financial services firms, we service corporate clients in the healthcare, insurance, consumer finance, telecommunications, utilities, and other service industries with their essential communications.
+Added: In addition to financial services firms, we service corporate clients in healthcare, insurance, consumer finance, telecommunications, utilities, and other service industries, supporting their essential communications.
We embrace the concept of the Service-Profit Chain, which directly connects employee engagement, client satisfaction, and the creation of shareholder value.
−Removed: In furtherance of this principle, client satisfaction is a component of every full-time Broadridge associate’s compensation.
In fiscal year 2025, we:
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• processed over 7 billion investor and customer communications through print and digital channels;
−Removed: • processed on average over $10 trillion in equity and fixed income trades per day of U.S.
−Removed: and Canadian securities;
+Added: • processed on average over $15 trillion in equity and fixed income trades per day;
• provided fixed income trade processing services to 21 of the 25 primary dealers of fixed income securities in the U.S.;
−Removed: • provided services to 14 of the 15 largest U.S.
+Added: • provided services to the 15 largest U.S.
wealth providers.
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We also face competition from numerous firms in the compiling, printing and electronic distribution of statements, bills and other customer communications.
−Removed: Within our Global Technology and Operations business, our capital markets solutions compete with in-house operations and vendors that provide trade processing, back-office record keeping, and sell-side order and execution management systems.
+Added: Within our Global Technology and Operations business, our capital markets solutions compete with in-house operations as well as vendors that provide trade processing, back-office record keeping, and sell-side order and execution management systems.
Similarly, our wealth management solutions compete with service providers that deliver data, technology solutions, and marketing services to be used by wealth advisors.
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We are committed to maintaining high levels of quality service through our skilled technical employees and the use of our technology within an environment that seeks continual improvement.
−Removed: Our strategy centers on four key pillars:
−Removed: architecture, data, cyber and data security, and AI .
−Removed: Broadridge’s technology strategy is designed to provide high levels of availability, scalability, reliability, and flexibility, leveraging a hybrid model consisting of private and public cloud services as well as traditional data center services.
+Added: Our technology strategy is designed to provide high levels of availability, scalability, reliability, and flexibility, leveraging a hybrid model consisting of private and public cloud services as well as traditional data center services.
Our technology architecture consists of systems and applications which operate in data centers that employ multiple active power and cooling distribution paths and redundant components.
−Removed: Additionally, these data centers provide infrastructure capacity and capability to permit planned activities without disruption to the critical load, and, as a general matter, are designed to sustain at least one worst-case, unplanned failure or event without a significant critical load impact.
−Removed: Our geographically dispersed processing centers also provide disaster recovery and business continuity processing.
−Removed: Our applications that incorporate cloud technology operate on industry standard enterprise architecture platforms that provide significant opportunities for horizontal and vertical scaling.
−Removed: This scalability and redundancy allows us to provide high degrees of system availability for our clients.
+Added: Additionally, these data centers provide infrastructure capacity to permit planned activities without disruption to processing the critical load, and, as a general matter, are designed to sustain at least one worst-case, unplanned failure or event without a significant critical load impact.
+Added: Our geographically dispersed processing centers also provide disaster recovery and business continuity processing capabilities.
+Added: Our applications that incorporate cloud technology operate on industry standard enterprise architecture platforms providing significant opportunities for horizontal and vertical scaling.
+Added: This scalability and redundancy enables us to provide high degrees of system availability for our clients.
Our technology connects industry participants across the financial services ecosystem, forming a network that includes capital markets firms, broker-dealers, asset managers, public companies, and investors.
−Removed: The data derived through these connections provides value to participants and is at the heart of our approach – which leverages this data to generate insights that drive innovation, address industry-wide challenges, accelerate product development, and inform decision making.
−Removed: We conduct annual reviews with many of our clients around our cybersecurity and data security policies, practices and controls, which, together with our ongoing engagement with regulators across the world, helps us keep up with cybersecurity and data security standards and best practices and informs our product development and technology decisions.
+Added: The data derived through these connections provides value to participants and is at the heart of our approach – which leverages this data to generate insights that drive innovation, address industry-wide challenges, accelerate product development, and support decision making.
+Added: We conduct annual reviews with many of our clients of our cybersecurity and data security policies, practices and controls, which, together with our ongoing engagement with regulators across the world, helps us keep pace with cybersecurity and data security standards and support our product development and technology decisions.
For more information on our information security program, please refer to “Item 1C.
Cybersecurity” of this Annual Report on Form 10-K.
−Removed: Our multi-pronged approach to AI looks to launch next-generation capabilities while considering the protection of our clients’ and Broadridge’s data privacy and intellectual property.
−Removed: We have integrated AI capabilities into several of our solutions and provide our associates with access to internal AI tools designed to modernize our approach to product development and enhance our overall productivity and efficiency.
+Added: We have integrated AI capabilities into several of our solutions and provide our associates with access to internal AI tools aimed at transforming our approach to the product development process and enhancing our overall productivity and efficiency.
+Added: Our multi-pronged approach to AI looks to launch next-generation capabilities while protecting our clients’ and Broadridge’s data privacy and intellectual property.
Product Development
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These products and services are built to meet the many complex requirements of our clients in a highly efficient manner.
−Removed: Our product organization is committed to helping Broadridge grow, scale, and innovate.
+Added: Our product organization is committed to helping us grow, scale, and innovate.
We do so by providing our product managers with the tools, processes, and capabilities to promptly deliver solutions that address key client needs.
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To cultivate the talent behind these products, we invest heavily in fostering a thriving community of highly skilled product associates.
−Removed: This commitment is reflected in our diverse hiring practices, accelerated leadership development programs, and ongoing training opportunities.
+Added: This commitment is reflected in our leadership development programs and ongoing training opportunities.
We are also focused on enterprise transformation with a focus on next-generation technologies.
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Furthermore, we leverage AI to unlock new commercial opportunities and enhance overall productivity.
−Removed: To fuel this continuous innovation, we are building a robust foundation with workload-centric hosting platforms optimized for security, scalability, and efficiency.
+Added: To fuel this continuous innovation, we are building a robust foundation with workload-centric hosting optimized for security, scalability, and efficiency.
This standardized technology stack, powered by industry-leading enterprise tools, is fundamental to our strategy of delivering best-in-class solutions with improved speed.
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The Department of Labor (“DOL”) enforces the Employee Retirement Income Security Act of 1974 (“ERISA”) regulations on plan fiduciaries and organizations that provide services to qualified retirement plans.
−Removed: As a provider of services to financial institutions and issuers of securities, our services, such as our proxy and shareholder report processing and distribution services, are provided in a manner to assist our clients in complying with the laws and regulations to which they are subject.
+Added: As a provider of services to financial institutions and issuers of securities, our services, such as our proxy and shareholder report processing and distribution services, are provided in a manner that assist our clients in complying with the laws and regulations to which they are subject.
As a result, the services we provide may be required to change as applicable laws and regulations are adopted or revised.
−Removed: We monitor legislative and rulemaking activity by the SEC, FINRA, DOL, and U.S.
−Removed: Internal Revenue Service (the “IRS”).
−Removed: the stock exchanges and other regulatory bodies that may impact our services, and if new laws or regulations are adopted or changes are made to existing laws or regulations applicable to our services, we expect to adapt our business practices and service offerings to continue to assist our clients in fulfilling their obligations under new or modified requirements.
+Added: We monitor legislative and rulemaking activity by the SEC, FINRA, DOL, and the U.S.
+Added: Internal Revenue Service (the “IRS”), the stock exchanges and other regulatory bodies that may impact our services.
+Added: If new laws or regulations are adopted or changes are made to existing laws or regulations that may impact how we provide services or the requirements driving the use of our services, we expect to adapt our business practices and service offerings to continue to assist our clients in fulfilling their obligations under new or modified requirements.
Certain aspects of our business are subject to regulatory compliance or oversight.
As a provider of technology services to financial institutions, certain aspects of our U.S.
−Removed: operations are subject to regulatory oversight and examination by the Federal Financial Institutions Examination Council (“FFIEC”), an interagency body of the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, and the Consumer Financial Protection Bureau.
+Added: operations are subject to regulatory examination by the Federal Financial Institutions Examination Council (“FFIEC”), an interagency body of the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the National Credit Union Administration, and the Consumer Financial Protection Bureau.
Periodic examinations by the FFIEC generally include areas such as internal audit, risk management, business continuity planning, information security, systems development, and third-party vendor management to identify potential risks related to our services that could adversely affect our banking and financial services clients.
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A failure to comply with any of these laws, rules or regulations could result in censure, fine, the issuance of cease-and-desist orders, or the suspension or revocation of SEC or FINRA authorization granted to allow the operation of its business or disqualification of its directors, officers, or employees.
−Removed: There has been continual regulatory scrutiny of the securities industry including the outsourcing by firms of their operations or functions.
+Added: There has been continual regulatory scrutiny of the securities industry, including the outsourcing by firms of their operations or business functions.
This oversight could result in the future enactment of more restrictive laws or rules with respect to business process outsourcing.
As a registered broker-dealer and member of FINRA, BBPO is subject to the Uniform Net Capital Rule 15c3-1 of the Securities Exchange Act of 1934, as amended, which requires BBPO to maintain a minimum net capital amount.
−Removed: At June 30, 2024, BBPO was in compliance with this capital requirement.
Matrix Trust Company (“Matrix Trust”) is a Colorado state chartered, non-depository trust company and National Securities Clearing Corporation trust member, whose primary business is to provide cash agent, custodial, and directed trustee services to institutional customers, and investment management services to its collective investment trust funds (“CITs”).
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Specific capital guidelines that involve quantitative measures of assets, liabilities, and certain off-balance sheet items, when applicable, must be met.
−Removed: At June 30, 2024, Matrix Trust was in compliance with its capital requirements.
In addition, in connection with the offering of CITs, Matrix Trust acts as a discretionary trustee and an ERISA fiduciary.
CITs are subject to regulation by the IRS, SEC, federal and state banking regulators, and the DOL, which impose a number of duties on persons who are fiduciaries under ERISA.
−Removed: Matrix Trust is also subject to regulation by the Colorado Division of Banking and the Arizona Department of Financial Institutions which regulate CITs pursuant to guidance issued by the Office of the Comptroller of the Currency regulation.
−Removed: Matrix Trust maintains an Identity Theft Prevention Program for certain of its services.
−Removed: Our transfer agency business, Broadridge Corporate Issuer Solutions, is subject to certain SEC rules and regulations, including annual reporting, examination, internal controls, proper safeguarding of issuer and shareholder funds and securities, maintaining a written Identity Theft Prevention Program, and obligations relating to its operations.
−Removed: Our transfer agency business is subject to certain NYSE requirements concerning operational standards as a transfer agent or registrar for NYSE-listed companies and is also subject to IRS regulations.
+Added: Matrix Trust is subject to regulation by the Colorado Division of Banking and the Arizona Department of Insurance and Financial Institutions which regulate CITs pursuant to guidance issued by the Office of the Comptroller of the Currency.
+Added: Matrix Trust maintains an Identity Theft Prevention Program as required by the Red Flags Rule under the Fair Credit Reporting Act.
+Added: Our transfer agency business, Broadridge Corporate Issuer Solutions, is subject to certain SEC rules and regulations, including regarding annual reporting, examination, internal controls, proper safeguarding of issuer and shareholder funds and securities, maintaining a written Identity Theft Prevention Program, and other obligations relating to its operations.
+Added: Our transfer agency business is subject to certain NYSE requirements concerning operational standards as a transfer agent or registrar for NYSE-listed companies and is also subject to IRS regulations regarding tax reporting and withholding.
In addition, Broadridge Corporate Issuer Solutions complies with all applicable trade control laws and regulations, including country/territory-based sanctions and list-based sanctions maintained by the U.S.
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Finally, state laws govern certain services performed by our transfer agency business.
−Removed: In addition, we are required to comply with anti-money laundering laws and regulations, such as, in the U.S., the Bank Secrecy Act, as amended by the USA PATRIOT Act of 2001 (collectively, the “BSA”), and the BSA implementing regulations of the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S.
+Added: Certain of our business units are required to comply with anti-money laundering (“AML”) laws and regulations in the U.S., such as the Bank Secrecy Act, as amended by the USA PATRIOT Act of 2001 (collectively, the “BSA”), and the BSA implementing regulations of the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S.
Department of the Treasury.
−Removed: A variety of similar anti-money laundering requirements apply in other countries.
−Removed: We are also subject to the relevant aspects of regulations and guidance published by FinCEN (as discussed below), which includes the Know Your Customer (“KYC”) requirements promulgated by FinCEN.
+Added: A variety of similar AML requirements apply in other countries.
+Added: These business units are also subject to the relevant aspects of regulations and guidance published by FinCEN (as discussed below), which includes the Know Your Customer (“KYC”) requirements promulgated by FinCEN.
Privacy and Information Security Regulations
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In the U.S., our financial institution clients are required to comply with privacy regulations imposed under the Gramm-Leach-Bliley Act (“GLBA”), in addition to other regulations.
−Removed: As a processor of personal information in our role as a provider of services to financial institutions, we must comply with the Federal Trade Commission (“FTC”) Safeguards Rule implementing certain provisions of GLBA with respect to maintenance of information security safeguards.
+Added: As a processor of personal information in our role as a provider of services to financial institutions, we comply with the Federal Trade Commission (“FTC”) Safeguards Rule implementing certain provisions of GLBA with respect to maintenance of information security safeguards.
We perform services for healthcare companies and are, therefore, subject to compliance with laws and regulations regarding healthcare information, including in the U.S., the Health Insurance Portability and Accountability Act of 1996 (“HIPAA”).
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Privacy laws outside the U.S.
−Removed: may be more restrictive and may require different compliance requirements than U.S.
−Removed: laws and regulations, and they may impose additional duties on us in the performance of our services.
−Removed: The law in this area continues to develop and the changing nature of privacy laws in the U.S., the European Union and elsewhere could impact our processing of personal information of our employees and on behalf of our clients.
−Removed: For example, the European Union Parliament adopted the comprehensive General Data Protection Regulation (“GDPR”) and several U.S.
−Removed: states have also recently adopted new privacy laws or are proposing to pass their own state privacy laws, including the California Privacy Rights Act (“CPRA”).
+Added: may require different compliance requirements than U.S.
+Added: laws and regulations, and may impose additional duties on us in the performance of our services.
+Added: We are subject to privacy laws and regulations such as the California Privacy Rights Act (“CPRA”) and the European Union’s General Data Protection Regulation (“GDPR”).
+Added: The changing nature of privacy laws in the U.S., the European Union and elsewhere could impact our processing of personal information of our employees and on behalf of our clients.
We continually monitor privacy and information security laws and regulations and, while we believe that we are compliant with our regulatory responsibilities, information security threats continue to evolve, resulting in increased risk and exposure.
−Removed: In addition, legislation, regulation, litigation, court rulings, or other events could expose Broadridge to increased costs, liability, and possible damage to our reputation.
+Added: In addition, legislation, regulation, litigation, court rulings, or other events regarding privacy and information security could expose Broadridge to increased costs, liability, and possible damage to our reputation.
Legal Compliance
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Department of Treasury place prohibitions and restrictions on all U.S.
−Removed: citizens and entities, including the Company, with respect to transactions by U.S.
−Removed: persons with specified countries and individuals and entities identified on OFAC's sanctions lists and Specially Designated Nationals and Blocked Persons List (a published list of individuals and companies owned or controlled by, or acting for or on behalf of, countries subject to certain economic and trade sanctions, as well as terrorists, terrorist organizations and narcotics traffickers identified by OFAC under programs that are not country specific).
+Added: citizens and entities, including us, with respect to transactions by U.S.
+Added: persons with specified countries and individuals and entities identified on OFAC's sanctions lists and Specially Designated Nationals and Blocked Persons List, which is a published list of individuals and companies owned or controlled by, or acting for or on behalf of, countries subject to certain economic and trade sanctions, as well as terrorists, terrorist organizations and narcotics traffickers identified by OFAC under programs that are not country specific.
Similar requirements apply to transactions and dealings with persons and entities specified in lists maintained in other countries.
−Removed: We have developed procedures and controls that are designed to monitor and address legal and regulatory requirements and developments to protect against having direct business dealings with such prohibited countries, individuals, or entities.
+Added: We have developed procedures and controls that are designed to monitor and address legal and regulatory requirements and developments to protect against having direct business dealings with such restricted and prohibited countries, individuals, or entities.
Compliance with laws and regulations that are applicable to our businesses with an international reach can be complex and may increase our cost of doing business in international jurisdictions.
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Human Capital Management
−Removed: As of June 30, 2024, we had approximately 14,600 full-time associates, of which approximately 45% were employed in the U.S.
−Removed: Of the approximately 55% of associates located outside of the U.S., 40% are in the APAC region, where a substantial number of associates are in India, 11% are in Europe, and 4% are in Canada.
+Added: As of June 30, 2025, we had approximately 15,000 full-time associates spanning 21 countries.
None of our U.S.
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We believe that our employee relations are good.
−Removed: We are driven by the success of each of our associates, and we recognize that it is because of their hard work, talent, and commitment that we continue to deliver outstanding results for our clients.
+Added: We are driven by the success of each of our associates, and we recognize that it is because of their hard work, talent, and commitment that we can continue to deliver outstanding results for our clients.
That is why we strive to provide a workplace that fosters a collaborative and supportive culture where everyone feels welcomed, accepted, and empowered to be their best.
At the center of our associate engagement efforts is the concept of the Service-Profit Chain, where engaged associates deliver world-class service, which creates satisfied clients and, in turn, produces strong, long-term value for stockholders.
−Removed: Our human capital strategies are developed and managed by our Chief Human Resources Officer, who reports to the Chief Executive Officer, and are overseen by the Company’s Board of Directors and the Compensation Committee of the Board of Directors.
−Removed: Our Board of Directors believes that human capital management and succession planning are vital to our success.
+Added: Our human capital strategies are developed and managed by our Chief Human Resources Officer, who reports to the Chief Executive Officer, and are overseen by the Company’s Board of Directors (the “Board”) and the Compensation Committee of the Board.
+Added: Our Board believes that human capital management and succession planning are vital to our success.
The Board annually reviews the Company’s leadership bench and succession planning.
−Removed: In addition, the Board receives regular updates on talent and other human capital matters such as culture, attrition, retention, and diversity, equity and inclusion (“DEI”) initiatives and practices, including an annual update from our Chief Diversity Officer.
+Added: In addition, the Board receives regular updates on talent and other human capital matters.
The Compensation Committee’s oversight includes initiatives and programs that concern our culture, talent, recruitment, retention, and associate engagement.
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We believe there is a direct connection between associate engagement and the satisfaction of our clients and the creation of stockholder value so we regularly conduct surveys to assess associate engagement and determine if and how perspectives have changed over time.
−Removed: Our surveys allow our associates to share their views on our workplace, the importance of various aspects of work life, among other topics.
+Added: Our surveys allow our associates to share their views on our workplace, the importance of various aspects of work life balance, among other topics.
The themes and insights from our associate feedback are shared with our executive leadership and have been instrumental in shaping our workplace.
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In addition, 83% of our associates stated that Broadridge is a “great place to work,” and we have received certification from Great Place to Work for our outstanding workplace culture in 16 countries:
−Removed: U.S., Canada, India, the United Kingdom, Ireland, Romania, Poland, Singapore, Japan, Germany, Hong Kong, Sweden and the Philippines.
−Removed: Recognized as 2024 Best Workplaces in Ireland and UK, as well as Best Workplaces in Technology (Ireland) and Best Workplaces for Development (UK).
−Removed: The Great Place to Work Institute is a global authority on high-trust, high-performance workplaces.
−Removed: Diversity, Equity and Inclusion
−Removed: We are dedicated to fostering a diverse, equitable, inclusive, and healthy environment.
−Removed: As a leading provider of technology, communications, and data and analytics solutions to businesses around the world, we must understand, embrace and operate in a multicultural environment.
−Removed: Every associate has unique strengths, which, when fully appreciated and embraced, enable everyone to perform at their best, leading to our success.
−Removed: Our goal is to ensure our associates at every level of the organization represent the diversity of the clients we serve and the communities in which we work.
−Removed: We are committed to advancing DEI initiatives and values as part of our culture.
−Removed: Our commitment to developing a diverse workforce is evidenced by the fact that a component of our Executive Leadership Team’s compensation is based on achievement of DEI goals.
−Removed: We have an Executive Diversity Council, chaired by our President, that meets quarterly and provides insight and recommendations on critical DEI-related opportunities and challenges.
−Removed: In addition, we support several associate-led employee resource groups (our Associate Networks), where associates with similar backgrounds and interests can find peer support, shape company culture, receive mentorship and sponsorship from senior members, and develop their careers.
−Removed: Broadridge’s Associate Networks currently include:
−Removed: B.Pride, Disability Equity Associate Network (DEAN), Lead For Next (LFN), MultiCultural Associate Network (MCAN), Veteran + First Responder Network (VFN), Women’s Leadership Forum (WLF), Family Care Network (FCN), and BeGreen.
−Removed: Together, these networks support the LQBTQ+ community, associates with disabilities, young professionals, multicultural backgrounds, veterans and first responders, women, associates with caregiving responsibilities, and associates with a passion for sustainability.
−Removed: We have a Chief Diversity Officer, who implements a holistic DEI strategy and partners with our business units to develop the resources and competencies needed to drive this strategy.
−Removed: Our Chief Diversity Officer reports to our President, is a member of the Executive Diversity Council and Executive Leadership Team, and provides regular updates to our Chief Executive Officer and Board of Directors.
−Removed: In addition, the Chief Diversity Officer serves as an advisor on global initiatives, such as our Associate Networks, and our recruitment and compliance efforts.
−Removed: We continue to progress our DEI initiatives building off the opportunities identified in our inaugural DEI survey in 2022, which ran globally, and over 7,000 associates across 19 countries participated.
−Removed: The results of our inaugural survey revealed that an overwhelming majority of our associates believe that 1) the importance of DEI is reflected in the priorities of Broadridge's business, 2) we were successful in advancing DEI initiatives over the past year, and 3) we create a physically and psychologically safe environment where associates feel they belong, and they are included and treated fairly.
−Removed: We are committed to associate feedback to provide a comprehensive view of our organization’s culture, identify areas where improvements can be made to create a more welcoming and inclusive environment for all associates, and measure our progress over time.
+Added: U.S., Canada, India, the United Kingdom, Ireland, Romania, Poland, Singapore, Japan, Germany, Hong Kong, Sweden, Czechia, France, Australia and the Philippines.
+Added: In addition, we support several Associate Networks, where every associate at Broadridge has the opportunity to find peer support, shape company culture, receive mentorship from senior members, and develop their careers.
+Added: While our Associate Networks each have a specific focus, membership is open to everyone at Broadridge.
Talent and Development
−Removed: We believe that our associates are among our most important assets.
−Removed: Encouraging professional development opportunities is a core part of our culture.
−Removed: One important resource we provide our associates is Broadridge University, a comprehensive suite of online courses and virtual and on-site training.
−Removed: We offer career-enhancing programs from top business schools, leadership development and mentoring programs, have a tuition reimbursement program, and support participation in external learning opportunities.
−Removed: These programs are designed to provide opportunities for associates at varying levels of the Company to expand their networks, gain valuable skills and knowledge to excel in their current roles, and enhance their leadership capabilities.
−Removed: We offer our technology associates with resources to supplement their work experience, and a Technology Expert Career Track, a transparent dual career path process that allows associates to grow as leaders and experts in the organization.
−Removed: We also empower associates to learn and grow as subject matter experts in the financial markets.
+Added: We believe that our associates are among our most valuable assets and fostering their professional development is a core part of our organizational culture.
+Added: To support this, we provide our associates with an array of online courses and both virtual and on-site training programs, known as Broadridge University.
+Added: Our initiatives include career advancement programs from leading business schools, leadership development and mentoring opportunities, and a tuition reimbursement plan.
+Added: We also encourage participation in external learning opportunities and events.
+Added: These resources are designed to provide opportunities for associates at varying levels to expand their networks, and to gain valuable skills and knowledge to excel in their current roles, and enhance their leadership capabilities.
+Added: We offer our technology associates with resources to supplement their work experience, including our Technology Expert Career Track, a transparent dual career path that allows associates to grow as leaders and experts within our organization.
+Added: We also empower associates to learn and grow as subject matter experts in areas related to our business, such as financial markets and AI.
+Added: Our AI Academy offers voluntary learning paths and courses for our associates to establish a robust foundation in AI.
In turn, this enables our associates to assist our clients with their expertise and adds value to our associates’ own career development and skill sets.
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Occupational Safety and Health Administration standards and site-specific guidelines to ensure that associates work in a safe and healthy environment.
−Removed: At our Edgewood, New York facility, we have an on-site Wellness Centers staffed with physicians, nurse practitioners and physician assistants who provide medical services at no cost to our associates.
+Added: At our Edgewood, New York facility, we have an on-site Wellness Center staffed with physicians, nurse practitioners and physician assistants who provide medical services at no cost to our associates.
In addition, we are committed to providing competitive health and wellness benefits to our associates.
We recognize the importance of work-life balance and have designed our workplace to provide associates with flexible on- and off-site work options.
−Removed: Our other health and wellness benefits include travel allowances for certain types of health care and subsidized emergency backup care services for our U.S.-based associates, various educational health and wellness programs and webinars, and an employee assistance program, which provides free counseling and other mental health services.
+Added: Our other health and wellness benefits include subsidized emergency backup care services for our U.S.-based associates, various educational health and wellness programs and webinars, and an employee assistance program, which provides free counseling and other mental health services.
Associate Compensation and Benefits
We have demonstrated a history of investing in our workforce by offering competitive salaries and wages.
−Removed: In addition, we offer various types of compensation, which vary by associate role and country/region, and may include annual bonuses, stock awards, and retirement savings plans.
+Added: We offer various types of compensation, which vary by associate role and country/region, and which may include annual bonuses, stock awards, and retirement savings plans.
Also, a portion of every associate’s incentive compensation is tied to client satisfaction goals, which reinforces our commitment to the Service-Profit Chain and rewards associates for their contributions to Broadridge’s overall client satisfaction performance.
In addition we offer the following benefits, which may vary by country/region:
−Removed: healthcare and insurance benefits, tax efficient or savings programs, such as health and dependent care flexible spending accounts, health savings account and pretax commuter benefits or green transport tax savings programs, paid time off, including volunteer time off, paid parental leave, and sick time off, life and disability insurance, business travel accident insurance, charitable gift matching, tuition assistance, among others.
+Added: healthcare and insurance benefits, tax efficient or savings programs, such as health and dependent care flexible spending accounts, health savings account, pretax commuter benefits or green transport tax savings programs, paid time off, including volunteer time off, paid parental leave, and sick time off, life and disability insurance, business travel accident insurance, charitable gift matching, and tuition assistance, among others.
Available Information
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We make available free of charge, on or through this website, our annual, quarterly and current reports, and any amendments to those reports as soon as reasonably practicable following the time they are electronically filed with or furnished to the SEC.
−Removed: To access these reports, just click on the “SEC Filings” link found at the top of our Investor Relations page.
−Removed: You can also access our Investor Relations page through our main website at www.broadridge.com by clicking on the “Investor Relations” link, which is located at the top of our homepage.
+Added: To access these reports, just click on the “Financials” link found at the top of our Investor Relations page.
+Added: You can also access our Investor Relations page at www.broadridge-ir.com.
Information contained on our website is not incorporated by reference into this Annual Report on Form 10-K or any other report filed with or furnished to the SEC.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.