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Broadridge Financial Solutions Secures Top Spot in IDC’s FinTech Rankings for 2024
NEW YORK, Sept. 10, 2024 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE: BR), a leader in global financial technology, continues to solidify its standing in the industry by maintaining its position on IDC’s FinTech Ranking Top 100 list for 2024. This marks the tenth consecutive year the company has achieved this recognition, holding firm at the #3 spot.
The IDC FinTech Rankings is an annual evaluation highlighting the leading hardware, software, and service providers dedicated to the financial services sector across the globe. Rankings are determined based on revenues generated in the 2023 calendar year, specifically tied to the financial services and FinTech industries.
Tim Gokey, CEO of Broadridge, expressed pride in the achievement, stating, “It’s an honor to be recognized again by IDC and to have earned a spot on this distinguished list for ten consecutive years. This performance reflects the continued impact of Broadridge’s trusted expertise and transformative technology. We remain committed to delivering innovative technology that enables financial institutions around the world to drive growth, enhance client experience, and reduce costs.”
This ranking mirrors the Fortune 500 format, assessing global financial technology providers based on their revenue from financial institutions related to hardware, software, or services. IDC anticipates that financial services will invest over $800 billion in IT worldwide by 2026, underlining the critical role played by technology in this industry. For a comprehensive view of the rankings, visit http://www.idc-fi.com.
Marc DeCastro, research director at IDC, commented on the significance of the rankings, stating, “IDC has been producing the IDC FinTech Rankings for over twenty years and have expanded the program to include the top 150 solutions providers to ensure we get the most accurate representation of the largest FinTechs in the world. The technology companies on this list provide the innovation necessary to keep the financial services at the forefront of providing modern digital experiences across all aspects of a customer’s financial journey.”
In a rapidly evolving digital economy, financial services organizations are urged to adopt and integrate cutting-edge technologies to enhance their customer offerings and improve operational efficiency. Broadridge, along with other esteemed companies in the IDC FinTech Rankings, exemplifies the commitment to supporting financial institutions in their digital transformation efforts, ultimately allowing them to better serve their clients worldwide.
Broadridge specializes in technology-driven solutions tailored for banks, broker-dealers, portfolio managers, and public companies. Its infrastructure acts as a central communication hub for numerous mutual funds and millions of institutional investors.
For further insights into the IDC rankings, visit https://www.idc.com/research/industry/fintech-rankings and engage with them on Twitter at @IDC, utilizing the hashtag #IDCFinTechRankings.
About Broadridge
Broadridge Financial Solutions (NYSE: BR) stands out as a global technology leader, offering trusted expertise and transformative technology that aid clients and the financial services industry in their operations, innovation, and growth. The company enhances various domains including investing, governance, and communications, ultimately driving operational resilience and improving business performance.
Broadridge supports the daily trading activities involving over $10 trillion of equities, fixed income, and other securities on a global scale. Recognized as a certified Great Place to Work®, Broadridge operates in 21 countries with a workforce exceeding 14,000 associates. For more information, visit www.broadridge.com.
For investor inquiries, contact: Edings Thibault, Head of Investor Relations, Broadridge, via email at broadridgeir@broadridge.com.
For media inquiries, reach out to: Gregg Rosenberg, Global Head of Corporate Communications, at Gregg.Rosenberg@broadridge.com.
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