Broadridge Financial Solutions deploys new AI solution

Lake Success-based Broadridge Financial Solutions announced Monday that it has rolled out its agentic AI solution to capital markets and wealth management workflows.

According to the company, the AI tool "autonomously analyzes, prioritizes, and resolves operational issues without constant human input."

“We believe the firms that lead in the next era of financial services will be the ones that embed AI directly into the way work gets done,” said Tom Carey, President of Broadridge’s Global Technology & Operations business in a statement issued by the company.

“Broadridge is uniquely positioned to support that shift by combining a fully integrated financial services ontology with the platform depth and operational scale required for institutional production. That gives the world’s most demanding clients a new ability to deploy agentic AI across complex workflows with a level of control, efficiency, and confidence that fragmented point solutions cannot match.”

Broadridge posted a video on its YouTube channel in 2024 highlighting the importance of AI in financial markets:

Representatives from Broadridge say the technology has already been implemented among more than 40 clients since 2024.

In a statement, Broadridge says it hopes to make its data framework available as an open industry resource to accelerate AI adoption throughout the financial services sector.