Broadridge Financial
Solutions, Inc. Recognized as the Industry's Top Brokerage Process Service
Provider

The
Black Book of Outsourcing® Gives Broadridge Highest Rating in 14 Critical
Business Categories, as well as Overall Best BPS Provider
Hyderabad|India| Broadridge Financial Solutions, Inc. (NYSE:BR),
a leading global provider of technology-based outsourcing solutions to the
financial services industry, is pleased to announce it has recently received
“Top Overall Honors” in The Black Book of
Outsourcing. The coveted annual survey is an evaluation and compilation of
the industry’s top brokerage process service providers. The firm also earned the
#1 spot for three of the four Comprehensive Brokerage Process Services
Outsourcing functions: Trade Execution & Clearing Services, Securities and
Operations Services, and Document Management & Investor Communication.
One of the most comprehensive studies of
outsourcing vendors and validated by over 1,400
users around the globe, each year Brown-Wilson
Group and Black Book Research conduct a survey of
buyer/user organizations’ satisfaction with their
outsourcing services providers. Respondents’
assessments of client service and satisfaction are
among the primary criteria in the evaluation of
ranked providers, which includes 26 management
criteria and 18 operational excellence key
performance indicators. The results are valued by
industry service providers as a benchmarking tool
to validate their competitive edge against their
peers, and are used extensively by prospective
clients and end-users in the market for service
providers that can help them cut costs, enhance
profitability and streamline operations.
“We are honored to be chosen as the top overall brokerage process
service provider for 2008 by The Black Book of Outsourcing,” said
John Hogan, President and Chief Operating Officer, Broadridge.
“Client satisfaction is a central tenet in our corporate mission and
we consistently strive to deliver superior levels of performance and value
to our clients’ everyday. We especially value industry recognition that
comes from our clients’ evaluations of our offerings and service. We
believe this award is a testament to the efforts of our associates
worldwide. They work to ensure that our technology solutions and our
commitment to service enable our clients to realize their business
objectives,” Mr. Hogan added.
Of the 52 global brokerage process services providers ranked,
Broadridge earned the #1 spot overall. All providers were also ranked
within 18 sub-categories known as the “Operational Excellence Key
Performance Indicators.” Broadridge achieved the #1 spot in 14 of these 18
sub-categories, including: Client Relationship and Cultural Fit,
Customization, Reliability, Marginal Value Adds, Viability and Support and
Customer Care. For each of the 18 sub-categories, Broadridge received a
rating of “Overwhelming Satisfaction—Exceeds Expectations—Highly Recommend
Vendor.” No other vendor included in the survey received such exceptional
ratings across multiple categories.
Mr. Hogan views these results as an acknowledgment of past successes,
but also as a predictor of Broadridge’s ability to serve clients’ needs in
even more profound ways in the future. ”“The Black Book of Outsourcing
rating reaffirms our belief that client-centricity is essential to our
clients’ success as well as to our own, both now and in the
future. Our goal is to continue to set the standard for the industry in
terms of our client service and technology offerings,” Mr.
Hogan said.