Broadridge Financial Solutions
Encyclopedia
Broadridge Financial Solutions, Inc. is a US servicing company for the financial industry founded in 2007 as a spin-off from Automatic Data Processing
Automatic Data Processing
Automatic Data Processing, Inc. Automatic Data Processing, Inc. with about $10 billion in revenues and approximately 545,000 clients, is a provider of business outsourcing solutions. ADP offers a range of human resource, payroll, tax and benefits administration solutions...

 (ADP). The main fields of work are in securities processing, clearing and investor communication.
The main business of Broadridge is electronic proxy voting
Proxy voting
Proxy voting has two forms: delegable voting and delegated voting, which are procedures for the delegation to another member of a voting body of that member's power to vote in his absence, and/or for the selection of additional representatives, as in the case with transitive proxies...

.

Broadridge is a member of XBRL International
XBRL International
XBRL International is the international standards organization which develops and maintains the XBRL Specification. It is a not-for-profit consortium of agencies and companies internationally, working together to build the XBRL language standard, and support and promote XBRL's adoption. As of...

, a nonprofit consortium developing the extensible Business Reporting Language (XBRL
XBRL
XBRL is a freely available, market-driven, open, and global standard for exchanging business information. XBRL allows information modeling and the expression of semantic meaning commonly required in business reporting. XBRL is XML-based...

).

In 2010, Broadridge Financial Solutions acquired NewRiver, Inc., a Leading Innovator in Electronic Investor Disclosure

In Sept. 8, 2011, Broadridge Financial Solutions acquired Paladyne Systems, Inc., is the leading provider of next generation investment management solutions.
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