Broadridge joins MX to power data aggregation and financial wellness solution

Expands suite of digital engagement tools for wealth management companies

NEW YORK, October 11, 2022 /PRNewswire/ — To provide financial advisors with an innovative holistic view of all aspects of an investor’s financial journey, the global leader in Fintech, Broadridge Financial Solutions, Inc. (NYSE: BR), today announced a strategic partnership with the leader in open finance MX to use enterprise financial data aggregation and custom financial management automation solutions. This is yet another example of providing wealth management firms with point-of-sale, value-creating differentiating solutions to optimize advisor productivity and insights for client growth and transformation.

This solution will provide financial advisors with a 360° view of the client and enable Broadridge to enhance their business experience, deliver personalized financial information at scale, and strengthen data governance with MX’s secure money management and financial health information platform. automated. As a result, financial advisors will have full access to actionable information about their clients’ assets and liabilities, better equipping them to provide relevant recommendations for long-term financial success.

“Today’s investors have an unprecedented level of control over their assets, but the current market environment has reminded us that it is still beneficial to have access to the personal touch of an advisor. Through this strategic partnership with MX, we are ensuring that that the advisor contact is not only personal, but also timely and driven by intelligence and data,” said mike alexander, president of Wealth Management at Broadridge. “By combining Broadridge’s expertise in investment data with MX’s deep understanding of frictionless money experiences, our financial advisor clients will now have access to a new comprehensive offering that provides a more personal and holistic view of financial planning.” “.

MX is building the largest open finance ecosystem to help people improve their financial lives. With MX, organizations like Broadridge can securely access and act on the world’s financial data through trusted connections and next-generation data enhancements. This is part of a broader set of digital engagement tools available on Broadridge’s Wealth Platform, an open, component-based ecosystem with a flexible and scalable platform powered by an aggregate data layer. The Broadridge Wealth Platform is designed to help companies drive innovation, perform more effectively at scale, and deliver a modernized, digital client and advisor experience.

“Our integration with Broadridge demonstrates our shared commitment to powering the open financial economy by empowering financial institutions and the investment community with data-driven insights,” he said. Don Parker, Executive Vice President of Alliances, MX. “MX makes data accessible and actionable, and our partnership with Broadridge will help advisors and investors build a stronger, more modern data infrastructure.”

The MX tools that are being integrated and built into Broadridge’s data aggregation solution will provide advisors with a robust set of financial wellness capabilities that are easy-to-use digital tools to provide insight into a client’s everyday financial life.

About Broadridge

Broadridge Financial Solutions (NYSE: BR), a global leader in Fintech with $5 billion in revenue, it provides the critical infrastructure that drives investment, corporate governance, and communications to enable a better financial life. We provide technology-driven solutions that drive business transformation for banks, broker-dealers, wealth and asset managers, and public companies. Broadridge’s infrastructure serves as a global communications hub that enables corporate governance by linking thousands of public companies and mutual funds with tens of millions of individual and institutional investors around the world. Our technology and trading platforms support the day-to-day trading of more than the US. $9 billion stocks, fixed income and other securities worldwide. A great place to work certified®Broadridge is part of the S&P 500® Index, which employs more than 14,000 associates in 21 countries.

For more information about Broadridge, visit www.broadridge.com.

About MX

MX Technologies, Inc., a leader in open finance, makes data accessible and actionable for everyone. MX is building the largest open finance ecosystem to help drive innovation and improve experiences through secure and trusted access to financial data. MX combines trusted open finance APIs with enhanced financial data to quickly and securely connect and verify data for hundreds of use cases, including account opening, money movement, and underwriting. For more information, follow us on Twitter @MX or visit www.mx.com.

investors:
Thibault Editions
Head of Investor Relations, Broadridge
+1 516-472-5129
[email protected]

Media:
gregg rosenberg
Corporate Communications, Broadridge
+1 212-918-6966
[email protected]

SOURCE Broadridge Financial Solutions, Inc.

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